A country exports the goods
A) for which its domestic prices are very high compared to the world prices.
B) that the economy can produce the most of.
C) that the economy can produce at relatively lowest opportunity cost.
D) that it cannot sell domestically.
E) in which it has a comparative disadvantage.
Question 2
In a progressive tax system, ________.
A) the average tax rate equals the marginal tax rate
B) the marginal tax rate exceeds the average tax rate
C) the average tax rate exceeds the marginal tax rate
D) the average tax rate is equal for all taxpayers
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