A Problem for Developing Countries Is That the Prices of Primary

question 25

Multiple Choice

A problem for developing countries is that the prices of primary products fluctuate more widely than the prices of finished goods because _____

• A) crop supply changes very little despite the weather.
• B) crop supply fluctuates with the weather.
• C) weather never varies.
• D) the demand for primary products fluctuates as the cost of production changes.
• E) the demand for primary products fluctuates with the weather.

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Definitions:

Third-Party

An individual or group besides the two primarily involved in a contract or transaction.

Parol Evidence Rule

A legal principle that prevents parties from presenting extrinsic evidence that contradicts or adds to the written terms of a contract.

Exceptions

Specific conditions or circumstances that alter or nullify the general rule or application of a law.

Contractual Rights

The specific legal rights and obligations that are established by a contract between two or more parties.