International trade has the potential to ____ the availability of goods and services to ____.
A. increase; those nations who export more than they import
B. increase; nations that have an absolute advantage in the production of a good or service
C. increase; all nations
D. decrease; all nations
Answer: C
You might also like to view...
The indifference curves in the figure above (I1, I2, and I3 ) reflect Peter's consumption preferences. Peter prefers consuming ________ to consuming ________
A) 48 slices of pizza and 12 chocolate bars; 24 slices of pizza and 24 chocolate bars B) 40 slices of pizza and 20 chocolate bars; 48 slices of pizza and 12 chocolate bars C) 24 slices of pizza and 24 chocolate bars; 40 slices of pizza and 20 chocolate bars D) 32 slices of pizza and 8 chocolate bars; 16 slices of pizza and 16 chocolate bars
During World War II, a labor shortage emerged in some markets. New recruits into the civilian labor force included
(a) teenage females. (b) married women. (c) retired people 65 years of age or older. (d) all of the above.