The Federal Reserve is divided into 7 districts

If workers in Mexico produce fewer goods and services per hour than workers in the United States in all areas of production, then

A) Mexico will benefit from trade with the United States, but the United States will not. B) the United States will benefit from trade with Mexico, but Mexico will not. C) neither Mexico nor the United States will benefit from trade with the other. D) both the United States and Mexico will benefit from trade with the other. E) it is unknown whether either country can benefit from trade with the other.

The supply curve of a good or service is the same as

A) the demand curve. B) the marginal benefit curve. C) the marginal cost curve. D) the total surplus curve. E) None of the above answers is correct.