Goods and services produced abroad but sold domestically are
A) Exports
B) Imports
C) Elastic
D) Inelastic
Correct Answer:
Verified
Q9: When a country's imports is greater than
Q10: Terms of trade is
A)The marginal cost of
Q11: Goods and services produced domestically but sold
Q12: A country is said to have _
Q13: Use the graph below to answer questions
Q15: A country has absolute advantage in production
Q16: According to the graph which of the
Q17: The largest category of U.S.goods exported is
A)Capital
Q18: The reason why countries trade can best
Q19: The terms of trade reflects
A)How imports affects
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