If Canada removed the additional taxes it currently charges on French cheese, what would happen in the Canadian market for French cheese?
A)The supply curve would shift to the left.
B)The supply curve would shift to the right.
C)The demand curve would shift to the right.
D)The demand curve would shift to the left.

Question

Quizplus · Accepted Answer

Removing additional taxes on French cheese in Canada would lead to a decrease in the cost of the product for Canadian consumers, making it more affordable for them. This, in turn, will increase the demand for French cheese, resulting in a shift in the supply curve to the right to meet the increased demand.

If Canada Removed the Additional Taxes It Currently Charges on French