At Westonci.ca, we connect you with the answers you need, thanks to our active and informed community. Join our Q&A platform and get accurate answers to all your questions from professionals across multiple disciplines. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

a country opens to trade. if the world price of a good exceeds the domestic price, the result will be:

Sagot :

Baraq

Based on macroeconomic theory, a country opens to trade. If the world price exceeds the domestic price, the result will be export.

This is because it is beneficial or advantageous for a country to export its goods when the world price exceeds the domestic price.

This implies that the country's export goods will be cheaper than the world price of such goods.

In turn, other countries would demand their goods because of lower prices, thereby promoting more exportation of such goods.

Hence, in this case, it is concluded that the correct answer is export.

Learn more about export here: https://brainly.com/question/19951960