If the World Price of Apples Is Higher Than Argentina's

question 17

Multiple Choice

If the world price of apples is higher than Argentina's domestic price of apples without trade,then Argentina

• A)should import apples.
• B)has a comparative advantage in apples.
• C)should produce just enough apples to meet its domestic demand.
• D)should refrain altogether from producing apples.

---

Definitions:

Nucleotides

Organic molecules that serve as the building blocks of nucleic acids like DNA and RNA, consisting of a sugar, phosphate, and nitrogenous base.

Synthesized

means produced by the chemical or biological combination of simpler substances or components to form a complex substance.

Transcription

The process of copying a segment of DNA into RNA, a crucial step in gene expression.

Ribosomes

Cellular structures where protein synthesis occurs, translating genetic information into proteins.