Economics · International Trade
The excess supply of a commodity above the no-trade equilibrium price determines a nation's:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1import supply of the commodity
- 2export supply of the commodity✓
- 3export supply and import demand for the commodity
- 4import demand for the commodity
Correct answer
export supply of the commodity
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