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Consider Canada's Terms of Trade

Question 6

Multiple Choice

Consider Canada's terms of trade.Canada is a net importer of citrus fruit.If severe weather in Florida wipes out the fruit crop for one season,Canada's terms of trade will likely


A) deteriorate.
B) improve.
C) not change.
D) improve as long as Canada stops importing citrus fruit from Florida.
E) indeterminable with the information provided.

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