Solved

Suppose the United States Produces Only Two Goods,grapes and Tractors

Question 78

Multiple Choice

Suppose the United States produces only two goods,grapes and tractors.If the United States has a comparative advantage in tractors,a move toward free trade will


A) harm tractor workers, benefit grape workers, but benefit the nation as a whole.
B) harm tractor workers, harm grape workers, but benefit the nation as a whole.
C) benefit tractor workers, harm grape workers, but benefit the nation as a whole.
D) benefit tractor workers, harm grape workers, but harm the nation as a whole.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents