Goods will flow:
A) from areas of high cost to areas of low cost
B) from areas of low cost to areas of high cost
C) to areas where income is highest
D) to areas where income is lowest
Correct Answer:
Verified
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
Q24: California has an absolute advantage in almost
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)
Q30: Cattle production is most likely to occur
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