Business, 22.11.2019 04:31 OIFvet

Suppose that the world price of sugar is 20cents a pound, brazil does not trade internationally, and the equilibrium price of sugar in brazil is 10cents a pound. suppose that brazil now begins to trade internationally. the price of sugar in brazil the quantity of sugar produced in brazil

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Suppose that the world price of sugar is 20cents a pound, brazil does not trade internationally, and...

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