Under free trade, the quantity of smartphones produced by local producers in Country A is 3563 per year and the quantity of smartphones bought in Country A is 98569 per year. After the imposition of an import quota of X units per year, the quantity of smartphones produced by local producers in the aforementioned country is 42862 per year and the quantity of smartphones bought in the aforementioned country is 66649 per year. What is the value of X?
Under free trade, the quantity of smartphones produced by local producers in Country A is 3563 per year and the quantity of smartphones bought in Country A is 98569 per year. After the imposition of an import quota of X units per year, the quantity of smartphones produced by local producers in the aforementioned country is 42862 per year and the quantity of smartphones bought in the aforementioned country is 66649 per year. What is the value of X?
Under autarky, the
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