According to the text,which of the following does the United States export?
A) Cars and cigarettes but not corn.
B) Lumber but not farm equipment.
C) Cars,cigarettes,corn,farm equipment,and services.
D) Cars,cigarettes,corn,and farm equipment,but not education.
Correct Answer:
Verified
Q15: Goods and services purchased from international sources
Q16: Goods and services sold to foreign buyers
Q17: According to the text,which of the following
Q18: In terms of the world as a
Q19: Based on export ratios,which of the following
Q21: If a country does not engage in
Q22: Two countries with differing comparative advantages may
Q23: Two countries will have zero incentive to
Q24: World output of goods and services increases
Q25: Comparative advantage in production is achieved by
A)Subsidizing,specializing,and
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