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19 February, 03:04

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

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  1. 19 February, 03:13
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    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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