The Table Below Shows the Quantity Demanded (In Thousands) and Quantity

question 47

Multiple Choice

The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5

-Which of the following looks at the demand side of the market to explain some of the observed international trade patterns?

• A)The theory of consumer preferences
• B)The factor abundance theory
• C)The product life cycle theory
• D)The Ricardian model
• E)The human skills approach

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