i need 7 and 8 i will 10 upvotes no chagpt 7. For the import demand curve, which of the following is true?A) It is upward sloping.B) It has a slope of zero.C) It is downward sloping.D) It is steeper than the domestic demand curve in the importing country.8. For the export supply curve, which of the following is true?A) It is upward sloping.B) It has a slope of zero.C) It is downward sloping.D) It is steeper than the domestic supply curve in the exporting country.

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7. For the import demand curve, which of the following is true? A) It is upward sloping. B) It has a slope of zero. C) It is downward sloping. D) It is steeper than the domestic demand curve in the importing country.

7. For the import demand curve, which of the following is true? A) It is upward sloping. B) It has a slope of zero. C) It is downward sloping. D) It is steeper than the domestic demand curve in the importing country.

Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781305971509

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter9: Application: International Trade

Section: Chapter Questions

Problem 7PA

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Question

i need 7 and 8 i will 10 upvotes no chagpt

7. For the import demand curve, which of the following is true?
A) It is upward sloping.
B) It has a slope of zero.
C) It is downward sloping.
D) It is steeper than the domestic demand curve in the importing country.
8. For the export supply curve, which of the following is true?
A) It is upward sloping.
B) It has a slope of zero.
C) It is downward sloping.
D) It is steeper than the domestic supply curve in the exporting country.

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