If a Country Begins to Import More of a Commodity

question 19

Multiple Choice

If a country begins to import more of a commodity, one can normally expect the price of the commodity to

• A)remain unchanged in that nation.
• B)rise and then fall below where it was originally.
• C)rise in that nation.
• D)drop in that nation.

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Definitions:

Thirteenth Amendment

An amendment to the United States Constitution, ratified in 1865, that abolished slavery and involuntary servitude, except as punishment for a crime.

Constitutional Amendment

A modification or change to a constitution, which in the United States requires a specific and rigorous process involving both Congress and the states.

Abolished Slavery

The action or legal process of formally ending the practice or institution of slavery, where individuals are owned by others as property.

Freed Slaves

Individuals who were emancipated from slavery, often after legal acts or at the conclusion of conflicts such as the Civil War.