Multiple Choice
If an exporter's supply curve of a commodity is upward sloping, and if a change in import demands in other countries leads them to increase their exports, other things equal, we would expect
A) the domestic price of the commodity will fall.
B) the domestic price of the commodity will exceed the price in foreign countries.
C) the domestic price of the commodity will be below the price in foreign countries.
D) the domestic price of the commodity will rise.
Correct Answer:

Verified
Correct Answer:
Verified
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