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Zina [86]
3 years ago
15

When using supply and demand to analyze trade, one can assume that the domestic market being small relative to the world market

leads to: Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices an upward-sloping domestic supply curve. a horizontal world supply curve. a vertical domestic demand curve. a downward-sloping domestic demand curve.
Business
1 answer:
Lina20 [59]3 years ago
5 0

Answer:

a horizontal world supply curve.

Explanation:

When the supply curve is horizontal, it means that supply is perfectly elastic.

Supply is perfectly elastic, if a small change in price leads to supply falling to zero.

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