Assume that U.S. companies are importing the same product from Mexico and Taiwan. The United States enters into an FTA with Mexico but not with Taiwan.
Consequently, the United States begins to import more goods from Mexico (due to lower tariffs) than from Taiwan, even though the Mexican products are not any better or cheaper. This is most likely an example of ________.
A) trade specialization
B) trade internalization
C) trade creation
D) trade diversion
Question 2
National origin is an acquired group membership.
Indicate whether the statement is true or false
Cohabitation in the United States
Examples of low and high Entropy states
The Location and Number of Farms in the United States, 2012
Many countries do not produce enough food and need to import food from the United States
Intergenerational Income Mobility in the United States
By the People: A History of the United States, AP Edition