A country will export a good if it
A) is impossible to import the good.
B) can sell the good to a foreigner at a lower price than the no-trade price.
C) can dump the good on the world market.
D) has a high opportunity cost of production.
E) can sell the good to a foreigner at a higher price than the no-trade price.
Correct Answer:
Verified
Q1: Goods and services that Australia buys from
Q7: A country exports the goods
A)in which it
Q9: The country with a comparative advantage in
Q9: If you buy a DVD player produced
Q11: If Australia starts to import a good
Q13: Australia imports motor vehicles because
A) foreign economies
Q13: A nation has a comparative advantage in
Q14: Goods and services that Australia sells to
Q17: If a nation can produce a good
Q19: The fundamental force that generates international trade
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