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Page 75
b.
new exports for American producers
c.
repatriated earnings into the American economy
d.
less tax revenue for the American government
ANSWER:
d
POINTS:
1
DIFFICULTY:
Easy
QUESTION TYPE:
Multiple Choice
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: Supply and demand
TOPICS:
Comparative Advantage and Global Supply Chains
KEYWORDS:
BLOOM’S: Remember
DATE CREATED:
7/4/2016 8:22 AM
DATE MODIFIED:
7/4/2016 8:23 AM
183. Differences in relative product prices between two nations can be attributed to differences in
a.
tastes and preferences
b.
the level of technology
c.
endowments of resources
d.
all of the above
ANSWER:
d
POINTS:
1
DIFFICULTY:
Easy
QUESTION TYPE:
Multiple Choice
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: Costs of production
TOPICS:
Trading under Constant-Cost Conditions
KEYWORDS:
BLOOM’S: Understand
DATE CREATED:
7/4/2016 8:24 AM
DATE MODIFIED:
7/4/2016 8:25 AM
184. Suppose that a country’s post-trade consumption point lies inside of its production possibilities curve. This means
that the country
a.
b.
c.
d.
ANSWER:
b
POINTS:
1
DIFFICULTY:
Moderate
QUESTION TYPE:
Multiple Choice
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: International trade and fi – DISC: International trade and finance
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Page 76
TOPICS:
Trading under Constant-Cost Conditions
KEYWORDS:
BLOOM’S: Understand
DATE CREATED:
7/4/2016 8:25 AM
DATE MODIFIED:
7/4/2016 8:27 AM
185. Suppose that a country’s post-trade consumption point lies outside of its production possibilities curve. As a result,
the country
a.
b.
c.
d.
ANSWER:
a
POINTS:
1
DIFFICULTY:
Moderate
QUESTION TYPE:
Multiple Choice
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: Gains from trade, speciali – DISC: Gains from trade,
specialization and trade
TOPICS:
Trading under Constant-Cost Conditions
KEYWORDS:
BLOOM’S: Understand
DATE CREATED:
7/4/2016 8:27 AM
DATE MODIFIED:
7/4/2016 8:29 AM
186. If a production possibilities schedule appears as a downward sloping straight line, there occurs
a.
increasing opportunity cost
b.
decreasing opportunity cost
c.
constant opportunity cost
d.
negative opportunity cost
ANSWER:
c
POINTS:
1
DIFFICULTY:
Moderate
QUESTION TYPE:
Multiple Choice
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: Costs of production
TOPICS:
Trading under Constant-Cost Conditions
KEYWORDS:
BLOOM’S: Understand
DATE CREATED:
7/4/2016 8:29 AM
DATE MODIFIED:
7/4/2016 8:31 AM
187. International trade tend to be complete, rather than partial, when there occurs
a.
constant opportunity cost
b.
increasing opportunity cost
c.
negative opportunity cost
d.
positive opportunity cost
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Page 77
ANSWER:
a
POINTS:
1
DIFFICULTY:
Moderate
QUESTION TYPE:
Multiple Choice
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: International trade and fi – DISC: International trade and finance
TOPICS:
Trading under Constant-Cost Conditions
KEYWORDS:
BLOOM’S: Understand
DATE CREATED:
7/4/2016 8:31 AM
DATE MODIFIED:
7/4/2016 8:33 AM
188. The so-called ______ shows the amount of one product that a nation must sacrifice in order to obtain one more unit
of the second product
a.
autarkic cost
b.
marginal rate of transformation
c.
technology cost
d.
accounting cost
ANSWER:
b
POINTS:
1
DIFFICULTY:
Easy
QUESTION TYPE:
Multiple Choice
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: Productivity and growth
TOPICS:
Production Possibilities Schedules
KEYWORDS:
BLOOM’S: Remember
DATE CREATED:
7/4/2016 8:34 AM
DATE MODIFIED:
7/4/2016 8:35 AM
189. Which of the following is not an argument to support international trade
a.
trade can be a powerful antimonopoly tool
b.
trade is a way to take advantage of economies of large scale production
c.
trade is a method of transferring knowledge and information
d.
trade is a method of achieving income equality across sectors of an economy
ANSWER:
d
POINTS:
1
DIFFICULTY:
Moderate
QUESTION TYPE:
Multiple Choice
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: Gains from trade, speciali – DISC: Gains from trade,
specialization and trade
TOPICS:
Dynamic Gains from Trade
KEYWORDS:
BLOOM’S: Understand
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DATE CREATED:
7/4/2016 8:36 AM
DATE MODIFIED:
7/4/2016 8:37 AM
190. International economists use production possibilities curve to help explain
a.
relative prices of products
b.
levels of production
c.
levels of consumption
d.
all of the above
ANSWER:
d
POINTS:
1
DIFFICULTY:
Easy
QUESTION TYPE:
Multiple Choice
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: International trade and fi – DISC: International trade and finance
TOPICS:
Trading Under Increasing-Cost Conditions
KEYWORDS:
BLOOM’S: Understand
DATE CREATED:
7/4/2016 8:37 AM
DATE MODIFIED:
7/4/2016 8:40 AM
191. The British economist, G. MacDougall compared the labor productivity ratios and export ratios for the United
Kingdom and the United States in order to test
a.
Adam Smith’s principle of absolute advantage
b.
David Hume’s price specie flow mechanism
c.
David Ricardo’s principle of comparative advantage
d.
William Benoit’s theory of mercantilism
ANSWER:
c
POINTS:
1
DIFFICULTY:
Easy
QUESTION TYPE:
Multiple Choice
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: International trade and fi – DISC: International trade and finance
TOPICS:
Empirical Evidence on Comparative Advantage
KEYWORDS:
BLOOM’S: Remember
DATE CREATED:
7/4/2016 8:40 AM
DATE MODIFIED:
7/4/2016 8:43 AM
192. Suppose that international trade results in an outward shift in a country’s production possibilities curve. This would
be described as
a.
dynamic gains from trade
b.
static gains from trade
c.
protectionist gains from trade
d.
allocative gains from trade
ANSWER:
a
POINTS:
1
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Page 79
DIFFICULTY:
Easy
QUESTION TYPE:
Multiple Choice
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: Gains from trade, speciali – DISC: Gains from trade,
specialization and trade
TOPICS:
Dynamic Gains from Trade
KEYWORDS:
BLOOM’S: Understand
DATE CREATED:
7/4/2016 8:43 AM
DATE MODIFIED:
7/4/2016 8:44 AM
193. Outsourcing (offshoring)
a.
harms off of the economy’s domestic sectors including households and business
b.
applies only to manufacturing industries instead of service industries
c.
is the transfer of work previously done by domestic workers to workers located in foreign countries
d.
refers to the transfer of money capital from domestic banks to foreign banks
ANSWER:
c
POINTS:
1
DIFFICULTY:
Easy
QUESTION TYPE:
Multiple Choice
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: Supply and demand
TOPICS:
Comparative Advantage and Global Supply Chains
KEYWORDS:
BLOOM’S: Remember
DATE CREATED:
7/4/2016 8:44 AM
DATE MODIFIED:
7/4/2016 8:46 AM
194. Advocates of outsourcing by American firms maintain that its advantages consist of
a.
enabling American firms to remain profitable by holding down the cost of production
b.
increasing the demand for American workers in complementary jobs
c.
holding down prices for American consumers
d.
all of the above
ANSWER:
d
POINTS:
1
DIFFICULTY:
Moderate
QUESTION TYPE:
Multiple Choice
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: Supply and demand
TOPICS:
Comparative Advantage and Global Supply Chains
KEYWORDS:
BLOOM’S: Understand
DATE CREATED:
7/4/2016 8:46 AM
DATE MODIFIED:
7/4/2016 8:48 AM
195. For the United States, outsourcing tends to result from
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Page 80
a.
a change in the pattern of comparative advantage
b.
the desire of domestic firms to keep domestic labor unions happy
c.
poor educational systems that result in domestic workers becoming less productive
d.
highly restrictive import tariffs and import quotas
ANSWER:
a
POINTS:
1
DIFFICULTY:
Easy
QUESTION TYPE:
Multiple Choice
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: Supply and demand
TOPICS:
Comparative Advantage and Global Supply Chains
KEYWORDS:
BLOOM’S: Remember
DATE CREATED:
7/4/2016 8:48 AM
DATE MODIFIED:
7/4/2016 8:50 AM
196. Southwestern Airlines justifies its outsourcing of some of its telephone reservation work to people in India on the
grounds that outsourcing
a.
helps reduce the firm’s costs and increase its competitiveness
b.
allows the firm to repatriate its earnings to the parent company in the United States
c.
allows the firm to purchase goods from other American companies as business expands
d.
all of the above
ANSWER:
d
POINTS:
1
DIFFICULTY:
Easy
QUESTION TYPE:
Multiple Choice
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: Supply and demand
TOPICS:
Comparative Advantage and Global Supply Chains
KEYWORDS:
BLOOM’S: Remember
DATE CREATED:
7/4/2016 8:50 AM
DATE MODIFIED:
7/4/2016 8:52 AM
197. Although Apple Inc. employees some 40,000 workers in the United States, it licenses most of the production of its
Ipads and Ipods to Foxconn Technology Group, a company located in
a.
Mexico
b.
China
c.
Vietnam
d.
Cambodia
ANSWER:
b
POINTS:
1
DIFFICULTY:
Easy
QUESTION TYPE:
Multiple Choice
HAS VARIABLES:
False
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Page 81
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: Productivity and growth
TOPICS:
Comparative Advantage and Global Supply Chains
KEYWORDS:
BLOOM’S: Remember
DATE CREATED:
7/4/2016 8:52 AM
DATE MODIFIED:
7/4/2016 8:55 AM
198. In defending its strategy of production outsourcing, Apple Inc. notes that
a.
U.S. import tariffs and import quotas are too high
b.
the export subsidies of the U.S. government are too low
c.
there are not enough American workers with the skills the company needs
d.
wages are too low in the United States to motivate people to work hard
ANSWER:
c
POINTS:
1
DIFFICULTY:
Easy
QUESTION TYPE:
Multiple Choice
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: Labor markets
TOPICS:
Comparative Advantage and Global Supply Chains
KEYWORDS:
BLOOM’S: Remember
DATE CREATED:
7/4/2016 8:55 AM
DATE MODIFIED:
7/4/2016 8:57 AM
199. Today, about ______ percent of a typical Ford vehicle comes from parts, components, and services purchased from
external suppliers, many of which are outside of the United States.
a.
5 percent
b.
15 percent
c.
35 percent
d.
70 percent
ANSWER:
d
POINTS:
1
DIFFICULTY:
Easy
QUESTION TYPE:
Multiple Choice
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: International trade and fi – DISC: International trade and finance
TOPICS:
Comparative Advantage and Global Supply Chains
KEYWORDS:
BLOOM’S: Remember
DATE CREATED:
7/4/2016 8:58 AM
DATE MODIFIED:
7/4/2016 8:59 AM
200. According to Adam Smith, mutually beneficial trade requires each nation to be the least-cost producer of at least one
good that it can export to its trading partner.
a.
True
b.
False
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Page 82
ANSWER:
True
POINTS:
1
DIFFICULTY:
Easy
QUESTION TYPE:
True / False
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: International trade and fi – DISC: International trade and finance
TOPICS:
Historical Development of Modern Trade Theory
KEYWORDS:
BLOOM’S: Remember
DATE CREATED:
7/4/2016 9:00 AM
DATE MODIFIED:
7/4/2016 9:01 AM
201. If an economy is characterized by increasing opportunity costs, increasing the production of steel by constant
amounts results in a constant rate of decrease in the production of autos.
a.
True
b.
False
ANSWER:
False
POINTS:
1
DIFFICULTY:
Moderate
QUESTION TYPE:
True / False
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: Costs of production
TOPICS:
Trading under Constant-Cost Conditions
KEYWORDS:
BLOOM’S: Understand
DATE CREATED:
7/4/2016 9:01 AM
DATE MODIFIED:
7/4/2016 9:02 AM
202. If Canada produces computers at a lower relative cost than Germany, Canada is said to have a comparative
disadvantage in computers.
a.
True
b.
False
ANSWER:
False
POINTS:
1
DIFFICULTY:
Moderate
QUESTION TYPE:
True / False
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: Costs of production
TOPICS:
Trading under Constant-Cost Conditions
KEYWORDS:
BLOOM’S: Understand
DATE CREATED:
7/4/2016 9:02 AM
DATE MODIFIED:
7/4/2016 9:04 AM
203. If Mexico was to realize an increase in its factors of production, its production possibilities curve would shift inward
toward the origin of the diagram.
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Page 83
a.
True
b.
False
ANSWER:
False
POINTS:
1
DIFFICULTY:
Easy
QUESTION TYPE:
True / False
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: Productivity and growth
TOPICS:
Trading Under Increasing-Cost Conditions
KEYWORDS:
BLOOM’S: Remember
DATE CREATED:
7/4/2016 9:04 AM
DATE MODIFIED:
7/4/2016 9:05 AM
204. Mercantilism refers to a system of restraints on imports and the promotion of exports, as used by governments in the
1600s and 1700s.
a.
True
b.
False
ANSWER:
True
POINTS:
1
DIFFICULTY:
Moderate
QUESTION TYPE:
True / False
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: International trade and fi – DISC: International trade and finance
TOPICS:
Historical Development of Modern Trade Theory
KEYWORDS:
BLOOM’S: Understand
DATE CREATED:
7/4/2016 9:06 AM
DATE MODIFIED:
7/4/2016 9:07 AM
Answer questions 205 and 206 using the information in the following table
Output per labor hour (tons)
Steel Aluminum
Germany 30 80
Brazil 20 40
205. Germany has the absolute advantage in producing both steel and aluminum.
a.
True
b.
False
ANSWER:
True
POINTS:
1
DIFFICULTY:
Moderate
QUESTION TYPE:
True / False
HAS VARIABLES:
False
PREFACE NAME:
Questions 205 and 206
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Page 84
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: Productivity and growth
TOPICS:
Historical Development of Modern Trade Theory
KEYWORDS:
BLOOM’S: Understand
DATE CREATED:
7/4/2016 9:50 AM
DATE MODIFIED:
7/5/2016 12:40 AM
206. Germany has the comparative advantage in producing steel.
a.
True
b.
False
ANSWER:
False
POINTS:
1
DIFFICULTY:
Moderate
QUESTION TYPE:
True / False
HAS VARIABLES:
False
PREFACE NAME:
Questions 205 and 206
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: Productivity and growth
TOPICS:
Historical Development of Modern Trade Theory
KEYWORDS:
BLOOM’S: Understand
DATE CREATED:
7/4/2016 9:08 AM
DATE MODIFIED:
7/5/2016 12:40 AM
207. According to the trade model of David Ricardo, the direction of trade is determined by absolute advantage.
a.
True
b.
False
ANSWER:
False
POINTS:
1
DIFFICULTY:
Easy
QUESTION TYPE:
True / False
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: International trade and fi – DISC: International trade and finance
TOPICS:
Historical Development of Modern Trade Theory
KEYWORDS:
BLOOM’S: Understand
DATE CREATED:
7/4/2016 9:09 AM
DATE MODIFIED:
7/4/2016 9:10 AM
208. The gains from trade are closely related to the difference between the autarky price and the international terms of
trade (international price).
a.
True
b.
False
ANSWER:
True
POINTS:
1
DIFFICULTY:
Moderate
QUESTION TYPE:
True / False
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Page 85
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: Gains from trade, speciali – DISC: Gains from trade,
specialization and trade
TOPICS:
Trading under Constant-Cost Conditions
KEYWORDS:
Keywords: BLOOM’S: Understand
DATE CREATED:
7/4/2016 9:11 AM
DATE MODIFIED:
7/4/2016 9:12 AM
209. Adam Smith and David Ricardo reasoned that in a world of two countries, at least one country will be worse off as
the result of trade.
a.
True
b.
False
ANSWER:
False
POINTS:
1
DIFFICULTY:
Challenging
QUESTION TYPE:
True / False
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: International trade and fi – DISC: International trade and finance
TOPICS:
Historical Development of Modern Trade Theory
KEYWORDS:
BLOOM’S: Understand
DATE CREATED:
7/4/2016 9:12 AM
DATE MODIFIED:
7/4/2016 9:13 AM
210. As international trade proceeds, a country will produce more of its import- competing product.
a.
True
b.
False
ANSWER:
False
POINTS:
1
DIFFICULTY:
Moderate
QUESTION TYPE:
True / False
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: International trade and fi – DISC: International trade and finance
TOPICS:
Historical Development of Modern Trade Theory
KEYWORDS:
BLOOM’S: Understand
DATE CREATED:
7/4/2016 9:14 AM
DATE MODIFIED:
7/4/2016 9:15 AM
211. A country with high wages can export to a country with low wages, given sufficiently high labor productivity in the
exporting country.
a.
True
b.
False
ANSWER:
True
POINTS:
1
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Page 86
DIFFICULTY:
Moderate
QUESTION TYPE:
True / False
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: Labor markets
TOPICS:
Historical Development of Modern Trade Theory
KEYWORDS:
BLOOM’S: Understand
DATE CREATED:
7/4/2016 9:15 AM
DATE MODIFIED:
7/4/2016 9:16 AM
212. In his empirical test of the principle of comparative advantage, G. MacDougall found that relatively high export
ratios are associated with relatively high labor productivity.
a.
True
b.
False
ANSWER:
True
POINTS:
1
DIFFICULTY:
Easy
QUESTION TYPE:
True / False
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: Productivity and growth
TOPICS:
Empirical Evidence on Comparative Advantage
KEYWORDS:
BLOOM’S: Remember
DATE CREATED:
7/4/2016 9:16 AM
DATE MODIFIED:
7/4/2016 9:18 AM
213. Critics maintain that outsourcing by American businesses results in jobs moving to low-wage countries, to the
disadvantage of American workers.
a.
True
b.
False
ANSWER:
True
POINTS:
1
DIFFICULTY:
Moderate
QUESTION TYPE:
True / False
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: Supply and demand
TOPICS:
Comparative Advantage and Global Supply Chains
KEYWORDS:
BLOOM’S: Understand
DATE CREATED:
7/4/2016 9:18 AM
DATE MODIFIED:
7/4/2016 9:19 AM
214. In justifying its production outsourcing strategy, Apple Inc. notes that American workers lack the speed and
flexibility the firm needs to produce its electrical products such as Ipod and Ipad.
a.
True
b.
False
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Page 87
ANSWER:
True
POINTS:
1
DIFFICULTY:
Easy
QUESTION TYPE:
True / False
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: Labor markets
TOPICS:
Comparative Advantage and Global Supply Chains
KEYWORDS:
BLOOM’S: Understand
DATE CREATED:
7/4/2016 9:19 AM
DATE MODIFIED:
7/4/2016 9:20 AM
215. Analysts wide agree that Boeing’s use of production outsourcing for its 787 has been highly successful in generating
greater efficiencies in jetliner production.
a.
True
b.
False
ANSWER:
False
POINTS:
1
DIFFICULTY:
Moderate
QUESTION TYPE:
True / False
HAS VARIABLES:
False
NATIONAL STANDARDS:
United States – BUSPROG: Promotion – BUSPROG: Analytic
STATE STANDARDS:
United States – PA – DISC: Supply and demand
TOPICS:
Comparative Advantage and Global Supply Chains
KEYWORDS:
BLOOM’S: Understand
DATE CREATED:
7/4/2016 9:21 AM
DATE MODIFIED:
7/4/2016 9:22 AM