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If There Are No Trade Restrictions, a Country Will Import

Question 72
Multiple Choice
arrowQuestion 72arrow
Multiple Choice

If there are no trade restrictions, a country will import a particular good if _____

A) domestic quantity supplied equals domestic quantity demanded at the world price.
B) there is excess quantity demanded by domestic consumers at the world price.
C) the quantity of the good demanded by domestic consumers decreases.
D) the quantity of the good supplied by domestic producers increases.
E) the world price of the good is higher than its domestic price.

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