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Refer to the Information Provided in Table 33

question 81

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Refer to the information provided in Table 33.5 below to answer the question(s) that follow. Cashews are measured in bushels and tea is measured in pounds (lbs.)
Table 33.5 Refer to the information provided in Table 33.5 below to answer the question(s)  that follow. Cashews are measured in bushels and tea is measured in pounds (lbs.)  Table 33.5   -Refer to Table 33.5. If both countries specialize and trade with each other, Vietnam will export ________ and India will import ________. A)  tea; cashews B)  cashews; tea C)  cashews; cashews D)  tea; tea
-Refer to Table 33.5. If both countries specialize and trade with each other, Vietnam will export ________ and India will import ________.


Definitions:

Pounds

A unit of weight commonly used in the British imperial and United States customary systems, or the currency of the United Kingdom.

Comparative Advantage

The capacity of a being to generate a product or service at a reduced opportunity cost compared to others.

Range Of Prices

A spectrum or interval between the lowest and highest prices at which goods or services are sold in the market.

Cups Of Soup

A measure of quantity often used in food service to represent single servings of soup.

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