As the United States becomes more productive at manufacturing chemicals and pharmaceutical drugs, the opportunity cost of producing other items such as textiles ________, leading to _____ demand for foreign textiles.

Question

Quizplus · Accepted Answer

As the US becomes more productive at manufacturing chemicals and pharmaceutical drugs, the opportunity cost of producing textiles decreases. This means that the US will produce fewer textiles, leading to an increased demand for foreign textiles.

As the United States Becomes More Productive at Manufacturing Chemicals