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(Solved): Figure 1 shows the good X market in country A. Country A is a small importer of good
X.
In free tr ...
Figure 1 shows the good X market in country A. Country A is a small importer of good
X.
In free trade, the cost of importing a unit of good X from country B is $20 per unit, and
the cost of importing a unit of good X from country C is $15 per unit.