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    Principles of Economics Study Set 2
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    Exam 9: Application: International Trade
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    Graph 9-5 This Graph Refers to the Market for Oil in Spain
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Graph 9-5 This Graph Refers to the Market for Oil in Spain

Question 12

Question 12

Multiple Choice

Graph 9-5
This graph refers to the market for oil in Spain.
Graph 9-5 This graph refers to the market for oil in Spain.    -According to Graph 9-5, the quantity of oil imported into Spain is: A)  Q<sub>0</sub> B)  Q<sub>1</sub> C)  Q<sub>2</sub> D)  Q<sub>2</sub> minus Q<sub>1</sub>
-According to Graph 9-5, the quantity of oil imported into Spain is:


A) Q0
B) Q1
C) Q2
D) Q2 minus Q1

Correct Answer:

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