International difference is opportunity costs lead to countries acquiring ?

Related Mcqs:

Major trading partners of the United States including all of the following countries except ?

A. Canada B. Mexico C. China D. North Korea...

International specialization takes place because of______________?

A. differences in technology B. differences in factor endowments C. scale economies D. All of the above...

The imposition of a tariff causes consumption to _____ and imports to _________?

A. rise, rise B. fall, rise C. fall, fall D. rise, fall...

A sudden shift from import tariffs to free trade may induce short-term unemployment in ?

A. Import-competing industries B. Industries that are only exporters C. Industries that sell domestically as well as export D. industries that neither import nor export...

Output fell sharply in the transition economies because ?

A. banks were unable to function B. there was little corporate control C. vital infrastructure was missing D. All of the above...