Engaging in international trade has all of the following effects except:
A) altering prices in different countries.
B) influencing labor markets in different countries.
C) increasing number of goods and services we can consumer in different countries.
D) it makes use of resources less efficient.
Correct Answer:
Verified
Q2: Trade requires:
A) governments to get together and
Q3: When a country has the ability to
Q4: When a country has the ability to
Q5: Comparative advantage is the ability to produce:
A)
Q6: If England buys hockey sticks from Canada,then:
A)
Q7: When two countries specialize and trade:
A) both
Q8: When each country specializes in producing the
Q9: The right decision about what to produce
Q10: Absolute advantage is the ability to produce:
A)
Q11: If Colombia has a comparative advantage over
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