An Economic Theory About International Trade That Is Based on the Assumption

question 106

Multiple Choice

An economic theory about international trade that is based on the assumption that there are only two countries and two goods

• A)can be useful in helping economists understand the complex world of international trade involving many countries and many goods.
• B)is useless, since the real world has many countries trading many goods.
• C)can be useful only in situations involving two countries and two goods.
• D)can be useful in the classroom, but is useless in the real world.

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Definitions:

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Members of the armed forces, including soldiers, sailors, airmen, Marines, and other individuals serving in military capacities.

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