The World Prices of the Primary Products Are Less Likely

Multiple Choice

The world prices of the primary products are less likely to decline if:

A) the government of the countries that export primary products subsidize the production of these primary products.
B) the production of the primary commodities is increased by a greater proportion than the increase in their demand.
C) the exporters of the primary products form international cartels.
D) the major importers of the primary products impose high tariff barriers on their imports.