Question

Export supply curves are __________________; import demand curves are ___________________.

Answer 1

Answer:

Export supply curve = foreign supply - foreign demand

import demand curve = domestic demand - domestic supply

Explanation:

The export supply curves us referred to the difference in supply between supply by foreign producer and demand by the foreign producer.

Export supply curve = foreign supply - foreign demand

The import demand curve is referred to the difference in quantity between demand by domestic producer and supply by domestic producer

import demand curve = domestic demand - domestic supply