What is the domestic price of durian in malaysia

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Reference no: EM133300642

Probelm: the malaysian government decides to participate in durian international trade. The world price of durians is RM100 per kg.

Question: On a new diagram, illustrate the demand and supply in the Malaysian durian market. What is the domestic price of durian in Malaysia? Who gains and who loses when Malaysia engages in international trade? Indicate the amount of exports or imports. Be sure to label your diagram carefully.

Reference no: EM133300642

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