Drivers Are Returning to the Road. That Is Good News for Corn Growers Corn prices have hit their highest levels in almost eight years as drivers returning to the road following the pandemic are increasing the demand for ethanol.

a. Why is the world price of corn rising?

b. How does the change in the world price of corn affect the quantity of corn produced in a poor developing country with a comparative advantage in producing corn, the quantity it consumes, and the quantity that it either exports or imports?