In an Offer Curve Graph with Country A's Exports on the Horizontal

question 24

Multiple Choice

In an offer curve graph with country A's exports on the horizontal axis and country B's exports on the vertical axis, which one of the following events will shift or pivot country A's offer curve to the right?

• A) the imposition of a tariff by country B
• B) a decrease in demand by A for B's products
• C) a tariff reduction by A on B's products
• D) an increase in demand by B for A's products

---

Definitions:

Personnel Expenses

Costs related to the compensation of employees, including wages, benefits, and taxes.

Planning Budget

A budget created for a particular level of activity; it helps management to plan for upcoming expenses and revenues based on projected operations.

Selling and Administrative Expenses

Costs incurred by a company not directly tied to the production of goods or services, including sales, marketing, and administrative functions.

Units

The basic measure of quantity in accounting, production, or inventory, often representing a single item or instance of a product.