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If world price for a product is higher than the national price, can it cause shortage on the national level?

Social Science by Anonymous 2018-06-02 03:01:41

Social Science

If world price for a product is higher than the national price, can it cause shortage on the national level?

4 answers

  • Anonymous

    Assuming there are not impediment to trading with other countries, yes.

  • Anonymous

    Sure, that is why export premium has been imposed sometime.

  • Anonymous

    If worldwide demand exceeds supply, sure

  • Anonymous

    Possibly not

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