Use the table below to answer the following questions.
Table 3.1.1
-Refer to Table 3.1.1. Between 2013 and 2014, the price of coffee relative to the price of tea ________, while the price of coffee relative to the price of cola ________.
Definitions:
Consumption Possibilities
The range of goods and services that can be consumed given a consumer's income and prevailing prices.
International Trade
The exchange of goods and services across international boundaries or territories, involving the import and export of products.
Opportunity Cost
The worth of the best alternative that is given up in order to make a choice.
Imports
Products or services imported from other countries for sale or consumption.
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