The US has made a transition from:
A) agriculture to manufacturing to services
B) manufacturing to agriculture to services
C) services to manufacturing to agriculture
D) services to agriculture to manufacturing
Correct Answer:
Verified
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
Q31: An economist suggests:
A) doing all home repairs
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
Q36: Mexico is likely to specialize in:
A) goods
Q37: The US is likely to specialize in:
A)
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