Multiple Choice
If the U.S. can produce a combination of 10 shirts or 10 TVs and Mexico can produce a combination of 9 shirts or 5 TVs, then what should the U.S. do?
A) The U.S. should produce both shirts and TVs and export them to Mexico.
B) The U.S. should export shirts to and import TVs from Mexico.
C) The U.S. should import shirts from and export TVs to Mexico.
D) The U.S. should not trade with Mexico because they are self-sufficient.
E) Mexico should not trade with the U.S.
Correct Answer:

Verified
Correct Answer:
Verified
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