Author Question: Control of a scarce resource or input can serve as an entry barrier. a. True b. False Indicate ... (Read 127 times)

elizabeth18

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Control of a scarce resource or input can serve as an entry barrier.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following statements, in the context of U.S. exports, is true?
 a. The U.S. exports products produced in the low wage industries.
  b. Primary products account for the largest share of U.S. exports to developed nations.
  c. The U.S. mainly exports labor intensive goods.
  d. Most U.S. exports are produced in high-wage industries.
  e. A bulk of U.S. exports to developing nations comprise of perishable commodities.



kbennett34

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Answer to Question 1

True

Answer to Question 2

d



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