We consider the market for apples. Suppose that the price floor set by the EU is lower than the European autarky price. Furthermore, the price floor is higher than the world price.

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With the price floor, Europe is a net exporter of apples

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With the price floor, Europe is a net importer of apples

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I don't know

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We consider the market for apples. Suppose that the price floor set by the EU is...

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