Use the Following to Answer Question

question 35

Multiple Choice

Use the following to answer question:
-(Figure and Table: The Budget Line) Use Figure and Table: The Budget Line.A(n) _____ in the price of clams would rotate the budget line,changing the intercept on the _____ axis and moving it _____ the origin.

• A)increase;horizontal;toward
• B)decrease;horizontal;toward
• C)increase;vertical;toward
• D)decrease;vertical;away from

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Definitions:

NAFTA Member Nations

The countries that are part of the North American Free Trade Agreement, aimed at reducing trading costs, increasing business investment, and helping North America be more competitive in the global marketplace.

Trade Restrictions

Measures applied by governments to control the exchange of goods and services across its borders, including tariffs, quotas, and embargoes.

International Commerce

The trade of goods, services, and capital across international borders or territories.