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Consider the market for widgets. Widgets can be produced in the
United States or abroad. Assume that U.S. consumers wish to buy the
least expensive widgets possible. However, if widgets from all
countries cost the same, consumers would prefer to buy
domestically.

Price Quantity Demand Quantity SuppliedDomestically Quantity Supplied by Importers if Trade Is Allowed
      $6 13,000 2,000 8,000
      $7 12,000 4,000 8,000
      $8 11,000 6,000 8,000
      $9 10,000 8,000 8,000
      $10 9,000 9,000 8,000
      $11 8,000 10,000 8,000

If international trade is allowed, what is the equilibrium
price?

$6

$7

$8

$9

$10

$11