The basis for trade includes

A) Autarky.
B) Differing opportunity costs.
C) Identical opportunity costs.
D) Government regulatory actions.


B) Differing opportunity costs.

Trades & Technology

You might also like to view...

To find effective high-level commanders, the Union

A. took only top graduates of West Point. B. drew on its reserve officer training program. C. relied on the advice of foreign experts. D. did not let politics enter the decision-making process. E. used trial and error.

Trades & Technology

What is the key to profitability in the swine enterprise? What is the key to profitability in the swine enterprise?

Trades & Technology

Feedlot manager is an example of which type of animal science employment?

A. animal training and care B. science C. food processing, inspection, and services D. animal production

Trades & Technology

In a sprinkler system, what is the function of the valve known as the backflow preventer or clapper?

A. It prevents water from entering the system. B. It prevents water from the system from reentering the public water supply. C. It prevents water from entering noninvolved areas. D. It protects the system from water surges.

Trades & Technology