Which of the following statements, in the context ofUS. exports, is trua? O Abulk of US. exports to developing nations comprise of perishable commodities O Most US. exports are produced in high-wage industries. O The US. mainly exports labor intensive goods. O The US. exports products produced in the low wage Industries O Primary products account for the largest share of US exports to developed nations

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter17: International Trade
Section: Chapter Questions
Problem 1.2P
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Which of the following statements, in the context of U.S. exports, is ru?
O A bulk of U.S. exports to developing nations comprise of perishable commodities.
O Most US. exports are produced in high-wage industries.
O The US. mainly exports labor intensive goods.
O The US. exports products produced in the low wage Industries.
O Primary products account for the largest share of U.S. exports to developed nations.
D Question 21
Any terms of trade within the limits set by domestic opportinity costs will be mutually harmful, becuse each country trie to puh the other as close to the limits of the t
O ue
O Falbe
D Question 22
The limits of the terma of trade are determined by the
O diribution costs in each county
O umencs echange a batween the trading partners
O ock of teignethnge inh coury
Oeuntv concounty
OAere ol cost l pni gthe
Transcribed Image Text:Which of the following statements, in the context of U.S. exports, is ru? O A bulk of U.S. exports to developing nations comprise of perishable commodities. O Most US. exports are produced in high-wage industries. O The US. mainly exports labor intensive goods. O The US. exports products produced in the low wage Industries. O Primary products account for the largest share of U.S. exports to developed nations. D Question 21 Any terms of trade within the limits set by domestic opportinity costs will be mutually harmful, becuse each country trie to puh the other as close to the limits of the t O ue O Falbe D Question 22 The limits of the terma of trade are determined by the O diribution costs in each county O umencs echange a batween the trading partners O ock of teignethnge inh coury Oeuntv concounty OAere ol cost l pni gthe
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