$\quad\quad { Country ~X }$ The Accompanying Table Gives Data for Country

$\quad\quad { Country ~X }$
$\begin{array} { | c | c | c | } \hline Price & Q _ { d d } & Q _ { S d } \\\hline \$ 5.00 & 200 & 400 \\\hline 4.00 & 250 & 350 \\\hline 3.00 & 300 & 300 \\\hline 2.00 & 350 & 250 \\\hline 1.00 & 400 & 200 \\\hline\end{array}$
The accompanying table gives data for Country $X$ . Column 1 of the table is the price of a product. Column 2 is the quantity demanded domestically $\left(Q_{d d}\right)$ , and Column 3 is the quantity supplied domestically $\left(Q_{s d}\right)$ . If Country $X$ opens itself up to international trade and the world-market price of the product is $\$ 3$ , then Country $X$ will

A) neither export nor import the product.
B) export some units of the product.
C) import some units of the product.
D) not produce the product.

Correct Answer:

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