According to the above table, the country will import the good if the world price is less than ________ and will export the good if the world price is more than ________
A) $4; $4 B) $4; $8 C) $10; $10 D) $8; $4 E) $6; $6
E
Economics
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In the Case in Point on economic growth prospects for the United States, economist Robert Gordon expects for the near future:
A) A period of robust growth. B) A period of secular stagnation. C) A period of no growth. D) A period of no technological innovation.
Economics
During the 1990s, Japan experienced periods of deflation and nominal interest rates that approached zero percent. Why would anyone lending money agree to a nominal interest rate of almost zero percent?
What will be an ideal response?
Economics