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aA1lin0dyvesweetman
aA1lin0dyvesweetman aA1lin0dyvesweetman
  • 27-04-2016
  • Business
Answered

The export supply curve is the portion of the domestic supply curve below the no-trade equilibrium price. True or false

Verified Answer :

andriansp andriansp
  • 03-05-2016

That statement is False

Even though is true that export supply is a portion of the domestic supply, but the moment there's an export of products,  the curve will curve above the no-trade equilibrium price ( which only stated the equilibrium price when there's no international trade)

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