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

Question

anonymous · Answer

Exchange rates will decrease

Quotas will increase

Shipping expenses will increase

Tariffs will decrease

anonymous · Answer

Why would quotas rise and tariffs decrease?  There is no necessary justification for either of those statements.  World wide output will decrease, so trade will decrease overall.  This will lead to lower tariff REVENUES.

Also you can't say that "exchange rates decrease" because when one exchange rate increases by definition the exchange rate going the other way increases!  For example if the dollar appreciates against the euro this is the same as saying the euro depreciated against the dollar

anonymous · Answer

D is wrong!!!!!!!!!!!!!!