The US is currently:
A) self-sufficient in food
B) a major importer of food
C) a major exporter of food
D) a major importer and exporter of food
Correct Answer:
Verified
Q24: California has an absolute advantage in almost
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)
Q30: Cattle production is most likely to occur
Q31: An economist suggests:
A) doing all home repairs
Q32: The US has made a transition from:
A)
Q33: The US has a comparative advantage in:
A)
Q34: A comparative advantage is:
A) the best strategy
B)
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