Multiple Choice
Why doesn't Canada grow its own bananas?
A) It is not possible to grow bananas in Canada.
B) Canada's factor endowments suggest that it can better produce many other goods besides bananas.
C) It is cheaper to buy bananas from countries that have different factor endowments which are much better suited to growing bananas.
D) Both b) and c) .
Correct Answer:

Verified
Correct Answer:
Verified
Q101: Below are the production possibilities (without trade)and
Q102: In 2012,approximately what percentage of Canada's merchandize
Q103: Table 13.14 shows the output of kumquats
Q104: Below is some hypothetical data for the
Q105: Below is a graph illustrating the market
Q107: Below is production possibilities data for the
Q108: Table 13.14 shows the output of kumquats
Q109: Below is some hypothetical data for the
Q110: What is a quota?<br>A)A limit imposed on
Q111: Below is some hypothetical data for the