Canada imports trillions of dollars of goods per year. What is a benefit of importing for Canada?
A) higher prices
B) shift of production resources to higher-value activities
C) less choice for consumers
D) increased incomes and jobs in the exporting country
Correct Answer:
Verified
Q1: Canada is considered the global leader in
Q2: China exports electronics to countries all over
Q3: If the value of the Taiwan dollar
Q5: How has international trade changed in the
Q6: When a chain of organic coffee shops
Q7: Suppose the value of the Thai Baht
Q8: In 2014, Canada imported $2 billion in
Q9: Absolute advantage is the ability to produce
Q10: China has become a dominant exporter of
Q11: A small country in Central America previously
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents