The Table Below Shows the Quantity Demanded (In Thousands) and Quantity

question 2

Multiple Choice

The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5

-The fact that the United States exports Budweiser beer and imports Heineken beer can be explained by:

• A)the differences in labor productivity in the U.S. and other countries.
• B)the differences in factor endowments in the U.S. and its trading partners.
• C)the fact that the world price of Budweiser beer is lower than Heineken beer.
• D)the fact that production of Budweiser beer in the U.S. is inadequate compared to its demand.
• E)the preference for foreign brands of beer by a part of the U.S. population.

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Definitions:

Goslings

Young geese that have not yet reached maturity.

Releasing Stimulus

A specific sensory signal that triggers a fixed action pattern or instinctive behavior in animals.

Bowlby

Refers to John Bowlby, a British psychologist known for his pioneering work in attachment theory, emphasizing the importance of early emotional bonds.

Smiling

The act of expressing happiness or approval through a facial expression that involves turning up the corners of the mouth.