The following table shows the units of output a worker can produce per month in country A and country B. 
The opportunity cost of 1 unit of electronics in country A is
A) 4 units of food.
B) 3 units of food.
C) 2 units of food.
D) all of these.
Correct Answer:
Verified
Q59: Many countries impose tariffs or quotas to
Q60: The strategic argument for protectionism holds that
Q61: Nothing raises the standard of living more
Q62: One of the major reasons why nations
Q63: The main reason why one nation trades
Q65: _ is a payment by the government
Q66: A common fallacy that is used to
Q67: One reason why nations trade is because
A)trading
Q68: Comparing international trade with trade among the
Q69: The following table shows the units of
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