Test Your Understanding of International Trade

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Questions and Answers

Which of the following accurately describes Roxanne's purchase of a designer dress from Saks Fifth Avenue that was made in Milan?

The purchase is a U.S. import and an Italian export.

What can we conclude if China has a comparative advantage in producing corn and exports corn to Japan?

China has a lower opportunity cost of producing corn relative to Japan.

What is Roxanne's overall grade for Homework 9?

68 / 100

What is the score of Roxanne's first attempt on Homework 9?

<p>68 / 100</p> Signup and view all the answers

What is the time duration of Roxanne's first attempt on Homework 9?

<p>3 hours and 21 minutes</p> Signup and view all the answers

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