If the United States Starts to Import a Good That

question 73

Multiple Choice

If the United States starts to import a good that had previously been produced in the United States,the market price of the good in the United States

• A) rises.
• B) falls.
• C) remains constant.
• D) either remains constant or rises, depending on how whether the supply of the good stays the same or increases.
• E) There is not enough information to answer the question because we need to know if the market price in the United States had been above or below the world market price before trade began.

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Definitions:

Good Leg

A non-medical term generally referring to the stronger or uninjured leg of an individual who has one leg that is weaker or has been injured.

Target Heart Rate

A desired range of heartbeats per minute achieved during exercise to gain cardiovascular benefits while minimizing risks.

Exercise Program

A planned, structured set of physical activities designed to achieve specific fitness or health goals.

Maximum

The highest or greatest amount, level, or degree that can be attained or recorded.