Exhibit 19-2
-Refer to the graph in the exhibit.Suppose the world price of corn is $2, and no trade restrictions are in place.What would happen in Canada's corn market?
A) Canada will have an excess supply of corn.
B) Canada will be a net exporter of corn.
C) Canada will NOT produce any corn.
D) Canada will consume all of the corn it produces.
Correct Answer:
Verified
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