
Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884
Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884 Exercise 5
Use this news clip to work Problem.
Time for Tea
Americans are switching to loose-leaf tea for its health benefits. Tea could be grown in the United States, but picking tea leaves would be costly because it can only be done by workers and not by machine.
Explain why the United States does not produce tea and instead imports it from India.
Time for Tea
Americans are switching to loose-leaf tea for its health benefits. Tea could be grown in the United States, but picking tea leaves would be costly because it can only be done by workers and not by machine.
Explain why the United States does not produce tea and instead imports it from India.
Explanation
The United States doesn't produce tea, a...
Macroeconomics 11th Edition by Michael Parkin
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