Refer to Table 2-11. If the two countries specialize and trade, who should export wheat?
A) South Korea
B) There is no basis for trade between the two countries.
C) China
D) They should both be exporting wheat.
C
Economics
You might also like to view...
According to new growth theory, the primary source of growth is:
A. capital. B. government intervention in the market place. C. entrepreneurship. D. technology.
Economics
Arbitrage ensures that the spot exchange-rate value of a currency will equal the forward exchange-rate value of the currency.
Answer the following statement true (T) or false (F)
Economics