U.S. sugar trade agreements have fallen through. What will the likely effect be? Multiple Choice Print...

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U.S. sugar trade agreements have fallen through. What will the likely effect be? Multiple Choice Print C) The supply of goods

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Answer 1

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Answer: ( A)

Since the cost of sugar will rise after the collapse of the agreement, thus there will be a fall in the supply of good that use the sugar. Eventually rise in price of sugar products would cause decrease in demand as well.

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U.S. sugar trade agreements have fallen through. What will the likely effect be? Multiple Choice Print...

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U.S. sugar trade agreements have fallen through. What will the likely effect be? Multiple Choice Print...