Which of the Following Situations Will Arise in the Domestic

question 28

Multiple Choice

Which of the following situations will arise in the domestic market following the imposition of a voluntary export restraint?

• A) imports increase, domestic production increases, prices increase
• B) imports decrease, domestic production increases, prices increase
• C) imports increase, domestic production decreases, prices decrease
• D) imports decrease, domestic production increases, prices decrease

---

Definitions:

Writing a Letter

The process of composing a written message to communicate with someone, typically on a piece of paper sent by mail.

Running

A form of locomotion allowing humans and animals to move rapidly on foot, often utilized as a means of exercise or competition.

Kicking

A physical action involving striking or propelling something with the foot.

Intellectual Level

Refers to the cognitive ability of an individual including reasoning, problem-solving, and decision-making capacities.