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nevinjoshy2001 nevinjoshy2001
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6 years ago
The benefits of international trade are derived from trade in
 
  A) tangible goods only.
  B) intangible goods only.
  C) goods but not services.
  D) services but not goods.
  E) anything of value.


Question 2 - Refer to the table above. If countries were to trade along the lines of comparative advantage
 
  A) B would export Y to A.
  B) A would import X from A.
  C) neither country would want to trade.
  D) More information is needed to determine the pattern.


Question 3 - Refer to the table above. If countries were to trade along the lines of absolute advantage
 
  A) A would export X to B.
  B) B would import Y from A.
  C) neither country would want to trade.
  D) More information is needed to determine the pattern.
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mayyyymayyyy
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6 years ago
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6 years ago
Thank you so much for providing this
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