Assume,for the U.S.,that the domestic price of wheat without international trade is higher than the world price of wheat.This suggests that,in the production of wheat,
A) the U.S. has a comparative advantage over other countries and the U.S. will export wheat.
B) the U.S. has a comparative advantage over other countries and the U.S. will import wheat.
C) other countries have a comparative advantage over the U.S. and the U.S. will export wheat.
D) other countries have a comparative advantage over the U.S. and the U.S. will import wheat.
Correct Answer:
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