Figure 13-2
-Refer to Figure 13-2. Suppose that these diagrams refer to Canada. Which shift shows the effect of a voluntary export restriction by the Swiss government?

Question

Figure 13-2 
-Refer to Figure 13-2. Suppose that these diagrams refer to Canada. Which shift shows the effect of a voluntary export restriction by the Swiss government?

Quizplus · Accepted Answer

A voluntary export restriction by the Swiss government would reduce the supply of Swiss goods in Canada, shifting the supply curve from D0 to D1, indicating a decrease in supply.

Figure 13-2 -Refer to Figure 13-2. Suppose That These Diagrams Refer to Diagrams