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-Australia Imports T-Shirts Because

Question 11

Multiple Choice

  -Australia imports t-shirts because A)  foreign nations have a lower opportunity cost of production. B)  Australia must import goods and services from other countries so that they can develop economically. C)  it is a dangerous job to produce them. D)  Australia has a lower opportunity cost of production. E)  foreign economies have an absolute advantage in their production.
-Australia imports t-shirts because


A) foreign nations have a lower opportunity cost of production.
B) Australia must import goods and services from other countries so that they can develop economically.
C) it is a dangerous job to produce them.
D) Australia has a lower opportunity cost of production.
E) foreign economies have an absolute advantage in their production.

Correct Answer:

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