177k views
1 vote
Suppose that the new international relative price of computers increases from the pre-trade price. If we then subtract the number of computers purchased domestically at the new international price from the number of computers produced, we will get one point on ____________ for computers.

User Asghar
by
5.0k points

1 Answer

1 vote

Incomplete question. The full question reads;

(Figure: A Country's Before and After Trade Equilibria) Suppose that the new international relative price of computers increases from the pre-trade price. If we then subtract the number of computers purchased domestically at the new international price from the number of computers produced, we will get one point on ____________ for computers.

Answer:

the import demand schedule

Step-by-step explanation:

Take note we are subtracting "the number of computers purchased domestically...from the number of computers produced" at the new price, which would tell the value of the import demand schedule.

In other words, we will get one point on the import demand schedule for computers.

User Greyshack
by
5.5k points