If the United States placed an embargo on Swedish products, what would happen in the U.S.market for Swedish furniture?
A)The supply curve would shift to the left.
B)The supply curve would shift to the right.
C)The demand curve would shift to the right.
D)The demand curve would shift to the left.

Question

Quizplus · Accepted Answer

An embargo on Swedish products would restrict or limit the quantity of Swedish furniture available in the US market, leading to a decrease in the supply of Swedish furniture. As a result, the supply curve would shift to the left.

If the United States Placed an Embargo on Swedish Products