Multiple Choice
"Value-added" in the context of international trade refers to:
A) the difference between the value of exports and the value of imported inputs used in producing exports.
B) the additional value a worker provides to a firm when she is hired.
C) the value-added by being able to purchase goods in a competitive market.
D) the value-added by import brokers when they mark up the price of the products.
Correct Answer:
Verified
Correct Answer:
Verified
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