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Exhibit 18-4 -Suppose That U.S.tastes for British Goods Increase.Then,in Exhibit 18-4

Question 131

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Exhibit 18-4
Exhibit 18-4 -Suppose that U.S.tastes for British goods increase.Then,in Exhibit 18-4 A) the supply curve shifts from S<sub>1</sub> to S<sub>2</sub> B) the supply curve shifts from S<sub>2</sub> to S<sub>1</sub> C) the demand curve shifts from D<sub>2</sub> to D<sub>1</sub> D) the demand curve shifts from D<sub>1</sub> to D<sub>2</sub> E) both demand and supply shift to the right
-Suppose that U.S.tastes for British goods increase.Then,in Exhibit 18-4


A) the supply curve shifts from S1 to S2
B) the supply curve shifts from S2 to S1
C) the demand curve shifts from D2 to D1
D) the demand curve shifts from D1 to D2
E) both demand and supply shift to the right

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