Answered

What is the consequence of
having excess supply of timber
domestically due to
exceptional local production?
A. to export its surplus production to other
nations, taking advantage of international
trade
B. to would import more timber to balance
out the excess supply
C. to decrease timber production to
eliminate the excess supply



Answer :

GinnyAnswer

Final answer:

Having an excess supply of timber domestically due to exceptional local production would likely lead to exporting the surplus to other nations.


Explanation:

A. The consequence of having an excess supply of timber domestically due to exceptional local production would be to export its surplus production to other nations, taking advantage of international trade. This surplus can be beneficially utilized in global markets.

B. Importing more timber to balance out the excess supply would not be a likely outcome, as it contradicts the scenario of excess domestic production.

C. Decreasing timber production to eliminate the excess supply is not typically the primary response when facing an excess supply situation, especially when international trade opportunities exist.


Learn more about International Trade and Excess Supply here:

https://brainly.com/question/33493064


Other Questions