For Any Country,if the World Price of Copper Is Higher

question 18

Multiple Choice

For any country,if the world price of copper is higher than the domestic price of copper without trade,that country should

• A)export copper,since that country has a comparative advantage in copper.
• B)import copper,since that country has a comparative advantage in copper.
• C)neither export nor import copper,since that country cannot gain from trade.
• D)neither export nor import copper,since that country already produces copper at a low cost compared to other countries.

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Definitions:

Spanish Rule

pertains to the historical period when Spain governed territories around the world, including parts of the Americas, through a system of viceroys and colonial administration.

Legal Equality

The principle that all individuals must be treated equally by the law, without any discrimination.

Assimilate

The process by which individuals or groups absorb and integrate the cultural traditions, language, or behaviors of another group or society.

Tenskwatawa

A Native American religious and political leader of the Shawnee tribe, known as the Prophet, who advocated for a return to traditional ways and resistance against European-American expansion in the early 19th century.