Consider the United States' Production of Soy Beans and Running

question 119

Multiple Choice

Consider the United States' production of soy beans and running shoes.If the United States has an absolute advantage in the production of both goods compared to China,

• A) both countries can gain from trade.
• B) only the United States can gain from trade.
• C) only China can gain from trade.
• D) each country will be able to produce at a point beyond its PPF.
• E) only the United States will be able to operate beyond its PPF.

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Definitions:

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Audience Needs

The requirements or expectations of the audience for which content or communication is designed, influencing how messages are crafted and delivered.

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