Question: Under open trade, ( a ) country 1 will be importing and country 2 exporting 1 2 units at a price of $ 1 0

Under open trade,
(a) country 1 will be importing and country 2 exporting 12 units at a price of $10.
(b) country 1 will be importing and country 2 exporting 9 units at a price of $11.
(c) country 2 will be importing and country 1 exporting 15 units at a price of $11.
(d) country 2 will be importing and country 1 exporting 9 units at a price of $14.
(e) country 2 will be importing and country 1 exporting 9 units at a price of $11.

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