Suppose that the United States and Cuba decide to open up trade. If each country specializes in the good in which it has a comparative advantage, ________ will gain from that trade because ________.
A) both countries; consumption possibilities in both Cuba and the United States will lie outside their PPFs.
B) neither country; their consumption possibilities will not change.
C) only the United States; consumption possibilities in Cuba will lie outside its PPF and U.S. consumption possibilities will not change.
D) only Cuba; consumption possibilities in Cuba will lie outside its PPF and U.S. consumption possibilities will not change.
Question 2
The reservation value of a seller reflects her ________.
A) willingness to pay for using a resource
B) marginal cost
C) marginal revenue
D) total cost
Oral cavity: (A) sagittal section; (B) anterior view as seen through the open mouth.
In the Tai Forest a female chimp demonstrates a skill once thought to be unique to humans. Here she
Open palmar friction moving back and forth over the lumbar and thoracic regions.
Intergenerational Income Mobility in the United States
Open-Faced Sandwiches
Kudzu native to Asia is overgrowing trees across the southeastern United States.