menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics principles and policy
  4. Exam
    Exam 3: The Fundamental Economic Problem: Scarcity and Choice
  5. Question
    A Country Can Gain by Importing a Good from Abroad
Solved

A Country Can Gain by Importing a Good from Abroad

Question 66

Question 66

Essay

A country can gain by importing a good from abroad even if that good can be produced more efficiently at home.Is this statement t?

Correct Answer:

verifed

Verified

This statement could be t.Such imports m...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q13: If an economy is producing inefficiently, it

Q23: Market economies are not constrained by scarcity;

Q31: Which of the following is not an

Q38: What determines the position and shape of

Q47: You have invested $1,000 in a stock

Q141: All of the points inside a production

Q146: A ticket to an Eric Clapton concert

Q150: At various time, the United States has

Q152: A society's decision to produce more tanks

Q171: If the PPF for guns and butter

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines