According to the text, the most important reason international trade has grown so rapidly during the past 40 years is the reduction in the cost of transportation and communication.
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Q13: A situation in which a person or
Q14: International trade as a share of world
Q15: A person with a lower opportunity cost
Q16: Rose has an absolute advantage over Sam
Q17: Which of the following is not a
Q19: Rose has an absolute advantage over Sam
Q20: The commerce clause of the U.S. Constitution
Q21: Compared to production possibilities curves without trade,
Q22: Exhibit 29-3 Q23: Exhibit 29-2 
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