Multiple Choice
Refer to the information provided in Table 19.1 below to answer the questions that follow.
Table 19.1
-Refer to Table 19.1.In Guatemala,the opportunity cost of 1 bushel of oranges is
A) 1/2 bushel of bananas.
B) 1 bushels of bananas.
C) 2 bushel of bananas.
D) 4 bushels of bananas.
Correct Answer:

Verified
Correct Answer:
Verified
Q26: Free trade allows the people of a
Q30: Suppose that the United States and Italy
Q74: Refer to the information provided in Table
Q80: Refer to the information provided in Table
Q102: An export subsidy raises the domestic price
Q136: A significant portion of actual world trade
Q144: The software industry depends on highly trained
Q157: The U.S. tariff law that set off
Q171: Tariffs, quotas, and exports subsidies all increase
Q176: According to comparative advantage, trade between two