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MARKET

S. D. MARKET. PRICE. EXCESS SUPPLY OR SURPLUS FOR EXPORTS. P e. Qd. Q e. Qs. QUANTITY. S. D. MARKET. PRICE. P e. EXCESS DEMAND OR SHORTAGE - NEED IMPORTS. Q e. Qs. Qd. QUANTITY. Sw. S NZ. D W. D NZ. DOMESTIC PRICES vs WORLD PRICES. PRICE. PRICE.

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MARKET

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  1. S D MARKET PRICE EXCESS SUPPLY OR SURPLUS FOR EXPORTS Pe Qd Qe Qs QUANTITY

  2. S D MARKET PRICE Pe EXCESS DEMAND OR SHORTAGE - NEED IMPORTS Qe Qs Qd QUANTITY

  3. Sw SNZ DW DNZ DOMESTICPRICES vs WORLD PRICES PRICE PRICE PW PNZ QNZ QS QUANTITY QD QUANTITY Surplus available for exports

  4. FACTOR ENDOWMENTS & NEW TECHNOLOGY - - EFFECT ON INTERNATIONAL TRADE SAUS SNZ S1 PW PW1 DAUS DNZ AUSTRALIAN MARKET NEW ZEALAND MARKET

  5. EFFECT OF INCREASE IN IMPORTING NATION’S DEMAND SAUS SNZ PW PW1 DAUS DAUS1 DNZ AUSTRALIAN MARKET NEW ZEALAND MARKET

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