A Nation's Export Supply Curve for a Specific Product

question 179

Multiple Choice

A nation's export supply curve for a specific product:

• A)is upward sloping.
• B)shows the amount of the product it will export at prices below its domestic price.
• C)lies below its import demand curve for the product.
• D)depends on domestic supply of the product, but not on domestic demand.

---

Definitions:

Uric Acid

A waste product formed from the breakdown of purines, excreted in urine.

Ammonia

A compound of nitrogen and hydrogen with the formula NH3, it is a colorless gas with a characteristic pungent smell and is used in many industrial processes.

Spiders

Arachnids distinguished by their ability to spin webs using silk produced from spinnerets at the rear of their abdomen.

Filtrate

The liquid that has passed through a filter, having had some of its particles removed in the process.