When Lower Cost External Suppliers Are Replaced by Higher Cost

question 93

True/False

When lower cost external suppliers are replaced by higher cost suppliers within a free trade area,there is trade creation.

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Definitions:

Xylem Vessels

Tubular structures found in plants, responsible for transporting water and minerals from the roots to various parts of the plant.

Heartwood

The dense inner part of a tree trunk, yielding the hardest timber, providing strength, and often darker than the surrounding sapwood.

Vessels

Hollow tubes that carry fluids such as blood, lymph, or sap within an organism, including arteries, veins, and capillaries.

Mycorrhizae

Symbiotic associations between the roots of plants and a fungus, enhancing nutrient and water uptake for the plant and providing carbohydrates for the fungus.