We consider the market for apples between France and the UK. Suppose that the autarky price of apples is lower in France. Which of the following is true:

Question

Answer

The two countries have no interest in trading apples

Answer

France will import apples and the UK will export apples

Answer

I don't know

Answer

France will export apples and the UK will import apples

Crowdly

We consider the market for apples between France and the UK. Suppose that the au...

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