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Figure 34-4 Price of X (dollars) 65 Sus 40 35 30 25 20 15 10 5- 0 5 10 15 20 25 30 35 Quantity of X 40 45 50 Dus Refer to Figure 34-4. The world price of good X is $15. Under a policy of free trade, the U.S. production of good X would be a. O units. O b. 10 units. c. 20 units. d. 25 units.

Figure 34-4 Price of X (dollars) 65 Sus 40 35 30 25 20 15 10 5- 0 5 10 15 20 25 30 35 Quantity of X 40 45 50 Dus Refer to Figure 34-4. The world price of good X is $15. Under a policy of free trade, the U.S. production of good X would be a. O units. O b. 10 units. c. 20 units. d. 25 units.

Brief Principles of Macroeconomics (MindTap Course List)
Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter3: Interdependence And The Gains Rrom Trade
Section: Chapter Questions
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Figure 34-4 Price of X (dollars) 65 Sus 40 35 30 25 20 15 10 5- 0 5 10 15 20 25 30 35 Quantity of X 40 45 50 Dus Refer to Figure 34-4. The world price of good X is $15. Under a policy of free trade, the U.S. production of good X would be a. O units. O b. 10 units. c. 20 units. d. 25 units.
Transcribed Image Text:Figure 34-4 Price of X (dollars) 65 Sus 40 35 30 25 20 15 10 5- 0 5 10 15 20 25 30 35 Quantity of X 40 45 50 Dus Refer to Figure 34-4. The world price of good X is $15. Under a policy of free trade, the U.S. production of good X would be a. O units. O b. 10 units. c. 20 units. d. 25 units.
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