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 bananas is
A) 1/2 bushel of oranges.
B) 1 bushels of oranges.
C) 2 bushel of oranges.
D) 4 bushels of oranges.
Correct Answer:

Verified
Correct Answer:
Verified
Q30: Suppose that the United States and Italy
Q46: In the year _, the United States
Q64: Refer to the information provided in Table
Q66: Refer to the information provided in Figure
Q107: Suppose that Japan and India are both
Q136: A significant portion of actual world trade
Q160: A country has a trade surplus when<br>A)
Q264: The theory of comparative advantage is credited
Q277: Protection is often temporary to help infant
Q280: If a country has a trade surplus