A country will export a good if it
A) can sell the good to a foreigner at a lower price than the no-trade price.
B) can sell the good to a foreigner at a higher price than the no-trade price.
C) has a high opportunity cost of production.
D) is impossible to import the good.
E) can dump the good on the world market.
B
Economics
You might also like to view...
If barbers in Mexico are just a productive as their counterparts in the United States then why do they earn lower wages?
What will be an ideal response?
Economics
If the tax is $500 on an income of $2,500, the income tax rate is
a. 20 percent b. 25 percent c. 10 percent d. 5 percent e. 50 percent
Economics