One Way to Reduce Exports Is to

question 140

Multiple Choice

One way to reduce exports is to

• A) base trade on comparative advantage.
• B) base trade on opportunity costs.
• C) trade with poor countries.
• D) restrict imports.

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Definitions:

Physical Appearance

The outward look or aspect of a person or thing, often considered in terms of its impact on others.

Reciprocity

A social norm or principle entailing mutual exchange of goods, services, favors, or other positive actions between individuals or entities.

Private Employers

Individuals or entities that operate businesses or organizations not owned or controlled by the government, employing workers in the private sector.