According to the President's Council of Economic Advisers, "The gains from trade that take place ________ are no different than the gains from trade ________. When a good or service is produced at lower cost in another country, it makes sense to import it rather than to produce it domestically."
A) over the Internet or telephone lines; in physical goods transported by ship or plane
B) over the Internet or telephone lines; due to the movement of real assets
C) due to the movement of real assets; over the Internet or telephone lines
D) due to the movement of financial assets; in physical goods transported by ship or plane
E) due to the movement of financial assets; over the Internet or telephone lines
Correct Answer:
Verified
Q46: To raise incomes for workers from lower
Q47: Refer to the following table when answering
Q48: Free labor migration is more effective at
Q49: Because free trade _, it is incumbent
Q50: Refer to the following table when answering
Q52: Refer to the following table when answering
Q53: There is discussion of expanding the North
Q54: Refer to the following table when answering
Q55: Suppose, in the North, one unit of
Q56: According to the model of free trade,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents