Refer to the information provided in Table 33.5 below to answer the question(s) that follow. Cashews are measured in bushels and tea is measured in pounds (lbs.)
Table 33.5
Refer to Table 33.5. If both countries specialize and trade with each other, Vietnam will export ________ and India will import ________.
A. cashews; cashews
B. cashews; tea
C. tea; tea
D. tea; cashews
Answer: C
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A black market may arise when government imposes a price ceiling
a. True b. False Indicate whether the statement is true or false