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