O U, TZ OZ, SZ A OT, TU B PWorld = R U, SU S, SZ F LL K 0 G O L M V W E S T U Z This country was initially freely trading with the world at price Pworld. Then a quota of LN was imposed. As a result of quota, units are demanded and consumed in this country, out of which units are imported. (Fill in blanks) N X Y

O U, TZ OZ, SZ A OT, TU B PWorld = R U, SU S, SZ F LL K 0 G O L M V W E S T U Z This country was initially freely trading with the world at price Pworld. Then a quota of LN was imposed. As a result of quota, units are demanded and consumed in this country, out of which units are imported. (Fill in blanks) N X Y

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

A2)

O U, TZ
OZ, SZ
A
OT, TU
B
PWorld = R
U, SU
S, SZ
F
LL
K
0
G
O
L M
V
W
E
S
T
U
Z
This country was initially freely trading with the world at price Pworld. Then a quota of LN was imposed.
As a result of quota,
units are demanded and consumed in this country, out of which
units are imported. (Fill in blanks)
N
X
Y

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