The market for soybeans in Canada consists solely of domestic buyers of soybeans and domestic sellers of soybeans if
a. consumer surplus equals producer surplus in the Canadian soybean market.
b. total surplus exceeds consumer surplus in the Canadian soybean market.
c. Canada permits international trade in soybeans.
d. Canada forbids international trade in soybeans.
d
Economics
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An American firm that buys foreign exchange because its managers expect the dollar to depreciate is
A) increasing the supply of foreign exchange. B) decreasing the demand for foreign exchange. C) speculating. D) hedging.
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