The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5

-Trade between industrial countries account for the majority of international trade.

Question

The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5
 
-Trade between industrial countries account for the majority of international trade.

Quizplus · Accepted Answer

The statement is generally true as trade between industrial countries does account for a significant portion of international trade. However, it does not account for the entire international trade. Therefore, the statement is not entirely true but mostly true.

The Table Below Shows the Quantity Demanded (In Thousands) and Quantity