Which of the following correctly describes free international trade in accordance with comparative advantage?
a. It is typically favored by producers in importing countries.
b. It is typically favored by producers in exporting countries, but hated by their workers.
c. It is typically favored by producers in exporting countries, including their workers.
d. It is typically hated by consumers in importing countries.
e. It is typically hated by farmers, but looked upon favorably by manufacturers.
C
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The above table has information about the hypothetical economy of Robotica. Based on the data, the size of M2 is
A) $2,600 billion. B) $2,610 billion. C) $610 billion. D) $600 billion. E) $1,710 billion.
International trade was not important to the industrializing U.S. since it was relatively rich in raw materials and land
Indicate whether the statement is true or false