Economics 9708 · AS & A Level · 6.3

6.3 — practice question

When the price of a good that is traded internationally rises, which group would be affected most negatively?

  • Ahigh income countries that pursue a policy of self sufficiency
  • Bhigh income countries with a balance of payments surplus that export the good
  • Clow income countries dependent on importing the good
  • Dlow income countries with alternative suppliers of the good

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