Multiple Choice
Use the following table to answer the question below for Country Y. Column 1 is the price of a product. Column 2 is the quantity demanded domestically (Qdd) and Column 3 is the quantity supplied domestically (Qsd) . 
Refer to the table above. If the world price of the product is $6, then Country Y will:
A) Export 100 units of the product
B) Import 100 units of the product
C) Exports of 300 units of the product
D) Imports of 400 units of the product
Correct Answer:
Verified
Correct Answer:
Verified
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