Figure 13-2 -Refer to the FigurE₁3-2.Suppose That These Diagrams Refer to Canada.If

Multiple Choice

Figure 13-2

-Refer to the FigurE₁3-2.Suppose that these diagrams refer to Canada.If the interest rate was initially at r₀ and China voluntarily restricted its exports to Canada,what would happen to the interest rate?

A) It would stay at r₀.
B) It would decrease because supply would shift right.
C) It would increase because supply would shift left.
D) It would decrease because demand would shift left.