Microeconomics 9th Edition by Stephen Slavin

Exercise 47

Which of the following is the most accurate statement?
A) Americans are very willing to buy domestically produced goods, even if they are more expensive than imported goods.
B) We import more foreign goods than we did 40 years ago, but merchandise imports are still about the same percentage of our GDP.
C) In the decades following World War II, the Japanese consumer has strongly favored domestically manufactured goods over imports.
D) France paid a high economic price when many Americans switched from french fries to freedom fries.