Solved

Assume,for the U

Question 21

Multiple Choice

Assume,for the U.S.,that the domestic price of pineapples without international trade is lower than the world price of pineapples.This suggests that,in the production of pineapples,


A) the U.S. has a comparative advantage over other countries and the U.S. will export pineapples.
B) the U.S. has a comparative advantage over other countries and the U.S. will import pineapples.
C) other countries have a comparative advantage over the U.S. and the U.S. will export pineapples.
D) other countries have a comparative advantage over the U.S. and the U.S. will import pineapples.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents