In the globalized AS/AD model, what curve indicates the amount of tradable goods that other countries will supply to a country at a given price level and exchange rate?
A)World demand curve
B)Domestic supply curve
C)World supply curve
D)Domestic demand curve

Question

Quizplus · Accepted Answer

The world supply curve indicates the amount of tradable goods that other countries are willing to supply to a country at a given price level and exchange rate, reflecting the global availability and willingness to trade these goods.

In the Globalized AS/AD Model, What Curve Indicates the Amount