Microeconomics: Principles, Problems, & Policies, 20th Edition

Published by McGraw-Hill Education
ISBN 10: 0077660811
ISBN 13: 978-0-07766-081-9

Chapter 24 - International Trade - Review Questions - Page 558: 10

Answer

b.

Work Step by Step

When there is a ban on exporting wheat into a major country, the country exporting the wheat will see wheat prices fall as there will be too much wheat in that country.
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