Table 3-6 -Refer to Table 3-6.If Denmark and Italy Trade Based on Italy

question 201

Multiple Choice

Table 3-6

-Refer to Table 3-6.If Denmark and Italy trade based on the principle of comparative advantage,which country will export or import each product

• A)Denmark will import bread, and Italy will import cheese.
• B)Denmark will import bread, and Italy will import bread.
• C)Denmark will import cheese, and Italy will import bread.
• D)Denmark will import cheese, and Italy will import cheese.

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Definitions:

Directing

Guiding and motivating employees to accomplish organizational objectives.

Implement

To put a decision, plan, agreement, etc., into effect; to carry out or execute a plan or action.

Strategies

Planned actions or policies designed to achieve a major or overall goal.