Suppose a Country,whose Production and Consumption of Cell Phones Is

question 125

Multiple Choice

Suppose a country,whose production and consumption of cell phones is large relative to the world market,has just entered the global market.If the country is a net-importer of cell phones,we would expect:

• A)the world supply curve to shift more to the right than the world demand curve as a result.
• B)the world supply curve to shift more to the left than the world demand curve as a result.
• C)the world demand curve to shift more to the right than the world supply curve as a result.
• D)the world demand curve to shift more to the left than the world supply curve as a result.

---

Definitions:

Internal Locus

A psychological term referring to individuals who believe they can control their own destiny and outcomes through their actions.

Self-Confidence

The belief in one's own abilities and judgment, often leading to a positive and assertive attitude towards challenges and tasks.

High Energy

Describes a state of being vigorous and full of activity or vitality; it can also refer to physical systems having a high level of power or force.