【单选题】Suppose c ountry X partially specializes in the production of only two good s, f ood and c lothing. At the initial free trade equilibrium, t he country produced 40 units of f ood and 20 units of c lot...
【单选题】Figure 4.4 represents the market for gasoline in a small nation. The free trade world price of gasoline is $3.50. Suppose this small nation imposes a tariff on gasoline of $.50 per gallon. The chan...
【简答题】Suppose
we are yzing the market for hot chocolate. Graphically illustrate
the impact each of the following would have on demand or supply. Also
show how equilibrium price and equilibrium quan...