International Trade Answers

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Which option best explains why countries trade with each other?

to eliminate scarce resources

to eliminate excess resources

to sell goods they cannot produce locally

to obtain goods they cannot produce efficiently

Question text not available

Answer:

8, eight

The opportunity costs are shown in parentheses in the table.

Answers:

Blank 1:32, thirty-two, thirtytwo, thirty two

Blank 2:16, sixteen

Question text not available

Answer:

16, sixteen

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