_____ are goods that cannot be cost-effectively traded globally, which thus prevents complete specialization by a country.
A) Automobiles
B) Agriculture products
C) Haircuts
D) Oil products
Correct Answer:
Verified
Q52: With international trade, a higher world price
Q53: Society as a whole benefits from _
Q54: Gains from trade can occur when a
Q55: When the world price is lower than
Q56: Complete specialization by countries does not occur
Q58: Italy's production of exotic sports cars is
Q59: The inability of a haircut to be
Q60: Some people prefer to buy products made
Q61: In a situation where it costs the
Q62: A restaurant meal is a good that
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