A Country Will Export a Good If It

question 146

Multiple Choice

A country will export a good if it

• A) can sell the good to a foreigner at a higher price than the no-trade domestic price.
• B) can sell the good to a foreigner at a lower price than the no-trade domestic price.
• C) can dump the good on the world market.
• D) has a high opportunity cost of production.
• E) is impossible to import the good.

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Definitions:

Sharing Experiences

The practice of exchanging personal stories, insights, or skills with others to foster learning or empathy.

Judgemental Role

The judgemental role involves making decisions or forming opinions about certain situations, often involving evaluation of performance or behavior.

Direct Evaluation

Assessment method where the performance or quality of work is appraised directly by observing or measuring outcomes without intermediaries.

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Achievements or completed objectives that demonstrate skill, effort, or success in various areas.