Respuesta :
C- A decline in foreign trade damages the commercial shipping industry. When prices of a product lead to a decline in foreign trade the commercial industry experiences a downfall. All this is a simple example of the demand and supply pricing theory.
Under the pricing theory, the prices for goods increase with an increase in demand and a relative decrease in its supply.
- Regional impacts can never lead to a price change in foreign trades. As the supply of goods increase at a particular place the prices have to be bought down so as to maintain stability in the market
- It is also clear that the supply and price of a particular product are inversely related and in the proportion of the change in the former.
- Foreign supply may also be decreased due to changes in the policies or sentiments of people belonging abroad.
Hence, the correct option is C that A decline in foreign trade damaged the commercial shipping industry.
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