Which of the Following Does NOT Explain the Extent of Trade

question 13

Multiple Choice

Which of the following does NOT explain the extent of trade between Ireland and the U.S.?

• A) historical ties
• B) cultural Linguistic ties
• C) Gravity Model
• D) multinational corporations
• E) large numbers of Irish-Americans

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Definitions:

Supply Curve

A graph that represents the relationship between the price of a good or service and the quantity of it that suppliers are willing to produce at various prices.

Personal Computers

Electronic devices designed for individual use, capable of executing a set of instructions and processing data.

Fabric

A material made from fibers, threads, or yarns, used for producing clothing, household items, and other textiles.

Supply Curve

A graphical representation showing the relationship between the price of a good or service and the quantity of that good or service that a seller is willing and able to supply in the market.