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Macmillan Learning Assume that the United States and Haiti are the only non-HFCS sugar trading...

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Accounting

Macmillan Learning Assume that the United States and Haiti are the only non-HFCS sugar trading parties in the world and that there are no quotas, subsidies, or tariffs distorting these markets. Price ($) Incorrect 10 9 8 7 6 5 4 3 2 1 World price United States Domestic demand Domestic supply 0 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Quantity (thousands of pounds) Price ($) Incorrect 10 9 8 7 6 5 4 3 2 1 Haiti Domestic demand World price Domestic supply 0 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Quantity (thousands of pounds)

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