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On the Basis of the Information, and Assuming Trade Occurs

Question 30

Multiple Choice

  On the basis of the information, and assuming trade occurs between the three states, we can expect A)  Washington to exchange apples with Texas and receive money in return. B)  Washington to exchange apples with Michigan and receive money in return. C)  Texas to exchange lettuce with Michigan and receive autos in return. D)  Texas to trade lettuce directly for Washington apples. On the basis of the information, and assuming trade occurs between the three states, we can expect


A) Washington to exchange apples with Texas and receive money in return.
B) Washington to exchange apples with Michigan and receive money in return.
C) Texas to exchange lettuce with Michigan and receive autos in return.
D) Texas to trade lettuce directly for Washington apples.

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