Cattle production is most likely to occur in:
A) urban states, to be close to consumers
B) rural states, to take advantage of comparative advantage
C) all states, to take advantage of local food
D) no states, cattle are imported
Correct Answer:
Verified
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)
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)
Q35: A nation with no absolute advantage:
A) will
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