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    Northwest Florida State College
    Jun-1992 - May-1997

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    Northwest Florida State College,
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Category > Economics Posted 03 May 2017 My Price 9.00

Suppose that the world price of steel is $100

Suppose that the world price of steel is $100 a ton, India does not trade internationally, and the equilibrium price of steel in India is $60 a ton. India then begins to trade internationally

 • How does the price of steel in India change?

 • How does the quantity of steel produced in India change?

• How does the quantity of steel bought by India change?

 • Does India export or import steel?

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Status NEW Posted 03 May 2017 06:05 PM My Price 9.00

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