Domestic producers of natural gas would welcome being a signatory to the world price regime if it is set above the equilibrium, as they can export the surplus.

Question

Quizplus · Accepted Answer

If the world price regime is set above the equilibrium, domestic producers of natural gas would be able to export the surplus at the higher price, increasing their profits. Therefore, they would welcome being a signatory to this regime.

Domestic Producers of Natural Gas Would Welcome Being a Signatory