If a nation starts exporting a product to the rest of the world, then the price of that product in the
exporting nation will rise.

Question

Quizplus · Accepted Answer

When a nation starts exporting a product, the demand for that product increases because it is now being sought after not only by domestic consumers but also by international buyers. This increased demand can lead to higher prices domestically as the supply that was previously satisfying domestic demand now has to be shared with international markets.

If a Nation Starts Exporting a Product to the Rest