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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