Ask Question
6 August, 20:57

The cost of fuel is on the rise. In what way will this affect global trade?

A) Exchange rates will decrease

B) Quotas will increase

C) Shipping expenses will increase

D) Tariffs will decrease

+5
Answers (1)
  1. 6 August, 22:31
    0
    The correct answer is C) shipping expenses will increase

    Anything that needs to be shipped will gain an increase in price to compensate for the rise in oil price.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The cost of fuel is on the rise. In what way will this affect global trade? A) Exchange rates will decrease B) Quotas will increase C) ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers