California has an absolute advantage in almost all agricultural products.
A) other states will purchase all food from California
B) other states will purchase food that has a comparative advantage from California
C) other states will be self-sufficient in food
D) California will continue to produce all food
Correct Answer:
Verified
Q19: When working with a group, there are
Q20: In most group work, the best results
Q21: Specialization and trade occurs in:
A) market economies
B)
Q22: Suppose that Mexico has an absolute advantage
Q23: Agricultural goods will always be produced:
A) in
Q25: Goods will flow:
A) from areas of high
Q26: Free trade is most beneficial:
A) when all
Q27: Specialization and gains from trade result in:
A)
Q28: The movement to buy local food is:
A)
Q29: The US is currently:
A) self-sufficient in food
B)
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