Imports arise because:
A)the importing country can produce the good more cheaply than the exporting country
B)the exporting country can produce the good at a higher cost than the importing country
C)the importing country can produce the good at an equal cost to the exporting country
D)the exporting country can produce the good more cheaply than the importing country

Question

Quizplus · Accepted Answer

Imports arise when the exporting country can produce the good more cheaply than the importing country. This is because the importing country can benefit from the cost savings and efficiency of the exporting country's production process.

Imports Arise Because