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

question 58

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 the world:

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

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