Suppose sugar is exported from a nation. In the sugar market who does NOT benefit from the exports?
A) domestic consumers
B) domestic producers
C) workers in the industry
D) foreign consumers
Correct Answer:
Verified
Q3: The goods and services that our country
Q5: International trade arises from
A) absolute advantage.
B) comparative
Q5: Comparative advantage implies that a country will
A)
Q6: When the principle of comparative advantage is
Q8: A country specializes in the production of
Q9: In 2016, the world's largest international traders
Q10: The fundamental force that drives international trade
Q11: The United States has a comparative advantage
Q12: With international trade, a country will export
Q21: Which of the following statements about U.S.
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents