Trade in Cars Between Canada and the United States Occurs

question 188

Multiple Choice

Trade in cars between Canada and the United States occurs

• A)because Canada has a comparative advantage.
• B)because the United States has a comparative advantage and Canada has the absolute advantage.
• C)even though neither country has an obvious comparative advantage.
• D)because the United States has a comparative advantage.
• E)because both countries have a comparative advantage.

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Definitions:

Sustaining Trust

Maintaining confidence and reliability in relationships or systems over time.

Transactional Negotiation

involves a bargaining process primarily focused on the exchange of goods, services, or terms where the relationship between parties is secondary to the deal itself.

Dependence Dynamics

The varying degrees and forms of reliance between entities, affecting their interactions and power balance.

Inventory Questions

Inquiries designed to assess and manage the levels, types, and conditions of items in stock or in a collection.