Marginal utility (MU) equals

If international trade is based on product differentiation, for a country the basis for

A. importing is that the price of the imports is the same as the price of the domestic products. B. exporting is the domestic production of unique models or varieties demanded by some consumers in foreign markets. C. exporting is that domestic producers can charge a much higher price in the international market. D. importing is that foreign firms usually enjoy external scale economies.

Inflation must be high in Moscow because it is very expensive to live there.

Answer the following statement true (T) or false (F)