Refer to Figure 17-5. If this country chooses to trade, the price of baskets in this country will be

A) $10 and 40 baskets will be sold domestically.
B) $10 and 105 baskets will be domestically.
C) $7 and 70 baskets will be sold domestically.
D) $7 and 40 baskets will be sold domestically.

Baskets

Containers typically made of woven strands of material used for storing or carrying items; metaphorically, it refers to groups or collections of items.

Domestically

Pertaining to or within a specific country's borders, often in contrast to international or foreign.

Trade

The act of buying, selling, or exchanging goods and services between parties within an economy or between economies.