If the U.S. allowed the export of significant amounts of natural gas, what would be the economic effect?

Question 7 options:

a.There would be no net economic effect on international trade because increasedexports from the U.S. would be offset by increased imports to the U.S. of othergoods.

b.The economic effect on international trade would be negative because increasedamounts of natural gas in the importing countries would drive down the price ofdomestically produced natural gas in the importing countries.

c.The foreign demand for natural gas from the U.S. would increase the price ofnatural gas in the U.S., production of natural gas in the U.S. would increase, andconsumption of natural gas in the U.S. would decrease.

d.Increased demand for natural gas form the U.S. in foreign countries wouldincrease the price of natural gas world-wide and result in many countries notbeing able to afford the price of natural gas.