Which of the following will help a country become an exporter of a product (assume that the product is a normal good given the median consumer income)?

An increase in incomes of domestic consumers

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A recession abroad

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An increased productivity of domestic labor

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An increased cost of domestic labor

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Solution

The correct option is C
An increased productivity of domestic labor

An increased productivity of domestic labor will leads to increase in supply of the product.

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Which of the following will help a country become an exporter of a product (assume that the product is a normal good given the median consumer income)?

The correct option is C An increased productivity of domestic labor An increased productivity of domestic labor will leads to increase in supply of the product.

The correct option is C
An increased productivity of domestic labor

An increased productivity of domestic labor will leads to increase in supply of the product.