Multiple Choice
Refer to the information provided in Table 20.5 below to answer the question(s) that follow. Cashews are measured in bushels and tea is measured in pounds (lbs.)
Table 20.5
-Refer to Table 20.5. If both countries specialize and trade with each other, Vietnam will export ________ and India will import ________.
A) tea; cashews
B) cashews; tea
C) cashews; cashews
D) tea; tea
Correct Answer:

Verified
Correct Answer:
Verified
Q108: When a nation's net exports are equal
Q109: The Dominican Republic has a comparative advantage
Q110: If Japan has exports of 70 billion
Q111: Related to the Economics in Practice on
Q112: Acquired comparative advantage comes from factor endowments.
Q114: Refer to the information provided in
Q115: For any pair of nations and goods,
Q116: Refer to the information provided in
Q117: A tariff imposed on imported shoes will
Q118: A country is said to enjoy a