If Both Buyers and Sellers Expect the Price of a Commodity

question 81

Multiple Choice

If both buyers and sellers expect the price of a commodity to fall in the future, it is likely that the market clearing price ________ and the equilibrium quantity ________.

• A) will fall, cannot be predicted
• B) will rise, cannot be predicted
• C) cannot be predicted, will fall
• D) cannot be predicted, will rise

Recognize the significance and functioning of international financial mechanisms and currency considerations in global trade.

Comprehend the structure and evolution of major international economic organizations and agreements.

Identify the legal frameworks governing multinational enterprises and their international transactions.

Distinguish between various forms of international business arrangements and their legal implications.

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Definitions:

Do...while Loop

The do...while loop is a control flow statement that executes a block of code at least once before checking the condition at the end of the block to decide whether to continue executing.

Sentinel-controlled

A loop mechanism that uses a special value (sentinel) to control the termination of the loop.

While Loop

A control flow statement in programming that repeats a block of code as long as a specified condition is true.