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Question: china is a major producer of grains such as wheat...

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China is a major producer of grains such as wheat, corn, and rice. Assume that it is also an exporting country in the market10 Demand 9 Price 8 Supply Price 9 0 1 3. 4 7 8 10 Quantity of Grain (Millions of bushels) Some years ago, the Chinese govern? 10 9 Demand Triangle Supply S Polygon 2 0 C 3 4 5 7 8 9 10 Quantity of Grain (Millions of bushels) Price of Grain (Dollars. An export tax of $1 per bushel will then the When China opens up to trade, the domestic price of grain will to $ domestic p

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