Trade Between Two Countries Can Benefit Both Countries If

question 15

Multiple Choice

Trade between two countries can benefit both countries if

• A) each country exports that good in which it has a comparative advantage.
• B) each country enjoys superior terms of trade.
• C) each country has a more elastic demand for the imported goods.
• D) each country has a more elastic supply for the exported goods.
• E) each country produces a wide range of goods for export.

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Definitions:

Sacral

Relating to the sacrum, a large, triangular bone at the base of the spine that forms by the fusion of vertebral bones.

Coccygeal

Pertaining to the coccyx, the tailbone at the base of the vertebral column.

Radiation Therapy

A treatment for cancer and other diseases, using high-energy radiation to kill or damage cancer cells and shrink tumors.

Anemia

A deficiency of hemoglobin or red blood cells.