Suppose that the world price of tin is above the target (ceiling) pri – McqOptions

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1.	Suppose that the world price of tin is above the target (ceiling) price that is defined by an international commodity agreement. To move the world price toward the target price, a buffer stock agreement would require its buffer stock manager to ____ tin and an export quota agreement would require that member countries _________ their export of tin?
A.	purchase; decrease
B.	purchase; increase
C.	sell; increase
D.	sell; decrease
Answer» D. sell; decrease

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