How is foreign trade in inputs similar to trade in outputs?
A) U.S.producers buy (outsource) cheap foreign inputs (labor) while U.S.consumers buy cheap foreign outputs (U.S.imports) .
B) U.S.consumers sell (outsource) cheap foreign inputs (labor) while U.S.producers sell cheap foreign outputs (U.S.imports) .
C) U.S.producers sell (outsource) cheap foreign inputs (labor) while U.S.consumers buy cheap foreign outputs (U.S.imports) .
D) All of the choices are correct.
Correct Answer:
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