Suppose a case of French wine has a price of 1,500 euros. To a U.S. wine importer, its price falls from $300 to $280. This could happen as a result of the dollar ___________ against the euro, which means the euro has a ____________ dollar price

Refer to the table above. Laborland's net exports equal ________

A) -$20 billion B) $25 billion C) -$18 billion D) $18 billion

In the figure above, if the firm is regulated using an average cost pricing rule, the deadweight loss created is equal to the area of

A) ABG. B) BEFG. C) BCFG. D) BCE. E) None of the above because there is no deadweight loss created.