Multiple Choice
Scenario 6.1
Suppose that United States furniture makers import $100 of wood and parts in order to make a dining room table selling for $500.The imports have no tariff of quota restrictions.
-Based on Scenario 6.1 above,value added in the United States is
A) $500.
B) $600.
C) $400.
D) $300.
E) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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