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International Trade

Authored by Matthew McGehee

Social Studies

University

International Trade
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8 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Who has the comparative advantage in cars?

Y

X

Neither

Unknown

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Who has the comparative advantage in Planes?

Y

X

Neither

Unknown

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Who has the comparative advantage in Food?

Gamma

Neither

Omega

Both

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Who has the comparative advantage in Clothing?

Gamma

Neither

Omega

Both

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Who has the Comparative advantage in Coffee?

Peru

Colombia

Neither

Unknown

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Who has the Comparative advantage in Tea?

Peru

Colombia

Neither

Unknown

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Assume that the terms from trade are 1 coffee for 1 tea. Who benefits from this trade?

Peru

Colombia

Neither

Both

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