If an Exporter's Supply Curve of a Commodity Is Upward

question 121

Multiple Choice

If an exporter's supply curve of a commodity is upward sloping, and if a change in import demands in other countries leads them to increase their exports, other things equal, we would expect

• A)the domestic price of the commodity will fall.
• B)the domestic price of the commodity will exceed the price in foreign countries.
• C)the domestic price of the commodity will be below the price in foreign countries.
• D)the domestic price of the commodity will rise.
• E)one cannot predict the impact on the price of the commodity.

---

Definitions:

Employees' Opinions

The perspectives, beliefs, and attitudes of employees regarding their workplace, workplace conditions, management, and organizational policies.

Official Communication Network

The formally established channels of information exchange within an organization.

Nonverbal Communication

The process of conveying a message without the use of words, which can include gestures, facial expressions, body language, and tone of voice.

Body Language

Body language refers to the non-verbal cues communicated through facial expressions, gestures, posture, and bodily movements, which can convey feelings and intentions beyond spoken words.