Egypt wants to open its trade borders to world market for, Macroeconomics

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Egypt wants to open its trade borders to world market for

Problem

Suppose Egypt wants to open its trade borders to the world market for natural gas. What will determine whether Egypt becomes a net-exporter or net-importer of natural gas? If Egypt becomes a net-exporter, will domestic supply be equal to, less than, or greater than domestic demand?

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Macroeconomics: Egypt wants to open its trade borders to world market for

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