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if a country allows trade and, for a certain good, the domestic price without trade is higher than the world price,
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28 votes
if a country allows trade and, for a certain good, the domestic price without trade is higher than the world price,

User Richard Hansell
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1 Answer

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8 votes

Answer: the country will be an importer of the good

Explanation: If a country allows trade and, for a certain good, the domestic price without trade is higher than the world price, the country will be an importer of the good. If a country allows trade and, for a certain good, the domestic price without trade is lower than the world price, the country will be an exporter of the good.

User AlBaraa Sh
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