-According to the Above Table, If These Two Countries Trade

question 119

Multiple Choice

-According to the above table, if these two countries trade

• A)Mexico should import computers and the United States import bicycles.
• B)the United States should import computers and Mexico should import bicycles.
• C)the United States should export bicycles and Mexico should export computers.
• D)we cannot tell which country should export which good without knowing the amount of labor utilized in each country.

---

Definitions:

Proper Indorsement

A legally acceptable signature or annotation on a document, such as a check, that authorizes its transfer or acceptance.

Dishonor

The refusal or inability to pay a debt when due, or the failure of a financial instrument, like a check, to be accepted or paid on presentation.

Refusal

The act of declining or rejecting an offer, request, or command.

Liability

The state of being legally responsible for something, typically a debt or obligation.