Economics 9708 · AS & A Level · International trade and free trade

International trade and free trade — practice question

The diagram illustrates a market for a good that is provided partly by domestic production and partly by imports. Sh denotes domestic supply and Sm denotes imports. What is the level of consumption and the corresponding quantity of imports?

  • Aconsumption OT; quantity of imports RT
  • Bconsumption OT; quantity of imports OT
  • Cconsumption OV; quantity of imports RT
  • Dconsumption OV; quantity of imports RV

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