A Country Will Export a Good If It

question 12

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 price.
• B) can sell the good to a foreigner at a lower price than the no-trade 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.

---

Definitions:

End A Marriage

The legal termination of a marital union, known as divorce, which dissolves the bonds of matrimony between married individuals.

Court Decree

A formal and authoritative order issued by a court, requiring parties to do or not do something.

Invalidates

To make something legally null and void or to render it ineffective by establishing its incorrectness or inapplicability.

Community Property

A form of ownership between married couples in some states, where assets acquired during the marriage are considered jointly owned.