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The United States Is Capable of Producing Many Goods and Services

Question 120

Multiple Choice

The United States is capable of producing many goods and services that it imports,but it does not because


A) We produce those goods more cheaply if we make them ourselves.
B) We can import those goods at a lower opportunity cost than if we make them ourselves.
C) We can export goods that we specialize in.
D) We have lost those skilled workers.

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