Which of the Following Reasons Best Explains U

question 148

Multiple Choice

Which of the following reasons best explains U.S. imports of crude oil from Saudi Arabia and diamonds from South Africa?

• A) differences in resource endowments
• B) economies of scale
• C) differences in tastes
• D) import tariffs
• E) import quotas

---

Definitions:

Genetic Defect

An anomaly in an individual's DNA that can lead to developmental abnormalities or hereditary diseases.

Gene Therapy

A medical treatment involving the introduction of genes into a patient's cells to treat or prevent disease.

Transfer

The movement or relocation of something from one place, person, or system to another.

DNA Cloning Vector

A DNA molecule such as a plasmid or virus, used to artificially carry foreign genetic material into another cell, where it can be replicated and/or expressed.