答案如下
Country A has a comparative advantage in the production of Product F. Assume the current world price is greater than the domestic market-clearing price. If the world price is allowed to prevail in the domestic market, which of the following with respect to Product F is TRUE?
A) The quantity supplied is higher.
B) The quantity supplied is lower.
C) Revenues of producers are lower.
D) The quantity demanded is higher.
The correct answer was A) The quantity supplied is higher.
At prices above the domestic equilibrium price, the domestic quantity demanded will be lower, and the quantity supplied will be higher.
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发表于 2006-4-3 12:29
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