If U.S.quotas on Imported Sugar Were Eliminated

question 84

Multiple Choice

If U.S.quotas on imported sugar were eliminated,

• A)The supply of sugar in the United States would shift to the left and prices would rise.
• B)The demand for sugar in the United States would shift to the left and prices would fall.
• C)The supply of sugar in the United States would shift to the right and sugar prices would fall.
• D)The world price of sugar would rise.

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