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NeX [460]
3 years ago
10

When all trade is prohibited in good X, the equilibrium price in the home country is PX. After free trade is instituted, the dom

estic country begins to import good X from the rest of the world. As a result of free trade: Group of answer choices the domestic price of good X will fall. the domestic price of good X will rise. the domestic price of good X will exceed the price in foreign countries. the domestic price of good X will be less than the price in foreign countries. the domestic producers will gain surplus at the expense of domestic consumers.
Business
1 answer:
BabaBlast [244]3 years ago
5 0

Explanation:

Group of answer choices the domestic price of good x will fall

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Businesses can deduct the full purchase price of qualifying equipment (used manufacturing equipment qualifies) as long as it was purchased after January 1, 2019. This is an incentive created to encourage businesses to buy more equipment and invest more.

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