Multiple Choice
Refer to the information provided in Table 19.2 below to answer the questions that follow.
Table 19.2
-Refer to Table 19.2.In China,the opportunity cost of
A) a tractor is 1 motorcycle.
B) a motorcycle is 10 tractors.
C) a tractor is 10 motorcycles.
D) a motorcycle is 1/30 of a tractor.
Correct Answer:

Verified
Correct Answer:
Verified
Q30: Suppose that the United States and Italy
Q46: In the year _, the United States
Q76: 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
Q280: If a country has a trade surplus