If Canada began to export maple syrup to Australia,which of the following will happen?
A) The price of maple syrup in Australia will increase and Australian consumers will be made worse off.
B) The price of maple syrup in Australia will decrease and the Australian consumers will be made better off.
C) The price of maple syrup in Canada will decrease and the Canadian consumers will be made better off.
D) The price of maple syrup in Canada will increase and the Canadian consumer will be made worse off.
E) The price of maple syrup in Canada will decrease and the Canadian consumer will be made worse off.
Correct Answer:
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