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United StatesMicroeconomicsQuick questions
Unit 2: Supply and Demand
Quick questions on International Trade and Public Policy - AP Microeconomics Topic 2.9
2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is q1?Show answer
A country's domestic price is above the world price. State whether it imports or exports, and who gains. [2 points]
What is q2?Show answer
State the one way an import quota differs from an equivalent tariff. [1 point]
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