Answers OK-Personal Financial Literacy S1 – EDGNTY-83861 26-27 International TradeQuestion 2

2

QuizMultiple Choice

International Trade

Question 2 • OK-Personal Financial Literacy S1 – EDGNTY-83861 26-27

Which situation is the best example of opportunity cost?

Answer

A

A country chooses to produce bananas instead of wheat.

B

A country chooses to invest in manufacturing and agriculture.

C

A country chooses to specialize in producing paper products.

D

A country chooses to export all of its products.

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