Which of the following is CORRECT?
A) Both imports and exports include goods and services.
B) Imports includes both goods and services but exports includes only goods.
C) Imports includes only goods but exports includes both goods and services.
D) Both exports and imports include goods and neither includes services.
Correct Answer:
Verified
Q14: Who benefits from imports?
A) domestic consumers
B) domestic
Q15: The United States has a comparative advantage
Q16: Compared to the situation before international trade,
Q17: The gains from trade that are possible
Q19: The goods and services that our country
Q20: Compared to the situation before international trade,
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