It is possible to determine how much a nation will export over and above its domestic consumption at various international prices, other things being equal, by finding a set of equilibria. This schedule is:
a. the import demand curve for a nation.
b. the export supply curve for a nation.
c. the production possibilities frontier for a nation.
d. the "notrade" equilibrium.
Ans: b. the export supply curve for a nation.
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Indicate whether the statement is true or false
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