Italy should specialize in the production of

A. neither good and import both goods.
B. cars and import boats.
C. both goods and import neither good.
D. boats and import cars.

Answer: D. boats and import cars.

Economics

You might also like to view...

Using the information in Table 6.2, the inflation rate from 2014 to 2015 is about

A) 26 percent. B) 38 percent. C) 42 percent. D) 49 percent.

Economics

A positive externality results when

A) economists are sure that a good or service provides benefits to consumers. B) someone pays for a good or service even though she is not directly affected by the production or consumption of it. C) people who live in one country benefit from the production of a good or service that occurs in another country. D) people who are not directly involved in producing or paying for a good or service benefit from it.

Economics