During the first 6 months of 2008,the United States imported from Africa,Asia,and Latin America more than 1.6 billion pounds of coffee and did not export any coffee. Based on this,we know definitively that:

Question

Quizplus · Accepted Answer

The fact that the US imported coffee from Africa, Asia, and Latin America suggests that these regions have a comparative advantage in coffee production, as they can produce coffee at a lower opportunity cost than the US.

During the First 6 Months of 2008,the United States Imported