Multiple Choice
A product produced in a foreign country and purchased by residents of the home country is ________ for the home country.
A) an export
B) an import
C) savings
D) investment
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q113: If Tom can produce 20 multiple choice
Q114: Consider two individuals,Willy and Blythe,who produce carrots
Q115: In a market system,profits<br>A) are unfair.<br>B) are
Q116: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5233/.jpg" alt=" Table 3.2
Q117: The more times a worker performs a
Q119: What is an export?
Q120: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5233/.jpg" alt=" Table 3.3
Q122: People who develop new products and production
Q123: Suppose that in the time it takes
Q152: What is the difference between comparative advantage