Regional Impacts of the Embargo of 1807 New England The West The South ? Wheat and corn prices dropped as supplies flooded the domestic market. Planters suffered financial losses because surplus tobacco and cotton could not be exported. Which sentence best completes this table? A Prices for manufactured goods decreased. B Factories closed as workers returned to farms. C A decline in foreign trade damaged the commercial shipping industry. D Fishing revenues decreased as a result of reduced demand.​

Respuesta :

Answer:c

Explanation:

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.

To know more about demand and supply, please refer to below link.

https://brainly.com/question/13353440

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