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Alexxandr [17]
3 years ago
11

When new zealand allows free trade of lemons, the price of a ton of lemons in new zealand will be $800. at this price, tons of l

emons will be demanded in new zealand, and tons will be supplied by domestic suppliers. therefore, new zealand will export tons of lemons?
Business
1 answer:
bonufazy [111]3 years ago
6 0

Free trade policy does not restrict imports or exports and is applied to international trading of items. New Zealand will likely try and export a lot of lemons due to the free trade market policy. The price of the items is expensive but because they are able to export many, they will do well with exporting them.

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Answer:

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