If the Supply Curve of a Commodity Is Upward Sloping

question 93

Multiple Choice

If the supply curve of a commodity is upward sloping, and the producing country begins to export more in a pure free trade system, the domestic price of the commodity will

• A)fall.
• B)rise.
• C)exceed the price in foreign countries.
• D)be below the price in foreign countries.

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Definitions:

Intravascular

Situated within or occurring inside a blood vessel.

Transcellular

Pertaining to or occurring through the cells, often used to describe the movement of substances across cell membranes in body tissues.

Extracellular Fluid Volume

The volume of fluid outside of cells in the body, which includes blood plasma, lymph, and interstitial fluid.

Postural Hypotension

Abnormally low blood pressure occurring when an individual assumes the standing posture; also called orthostatic hypotension.