Tend to equalize prices, If the price of wheat is

Tend to equalize prices

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Reference no: EM131302611

If the price of wheat is $25/bushel in the United States and $20/bushel in Canada, all of the following would tend to equalize prices EXCEPT:

A. When the US imposed a tariff on Canadian wheat

B. The Canadian dollar will appreciate

C. When the domestic price of US wheat falls

D. The US dollar will depreciate

E. when the domestic price of Canadian wheat rises

Reference no: EM131302611

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