
-Consider Table 18.1.In the East,with autarky,total fish production is __________ and total chip production is __________,assuming people spend half their income on each good.
A) 30;10
B) 10,000;5,000
C) 12,000;4,000
D) 200;200
E) Not enough information is given.
Correct Answer:
Verified
Q19: About _ percent of the U.S.GDP is
Q20: Over time,international trade enables an economy to:
A)run
Q21: Q22: If the United States is running persistent Q23: Intertemporal trade deficits and surpluses reflect: Q25: Intertemporal trade allows economies to:![]()
A)international borrowing.
B)international
A)smooth risk over
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