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Without foreign trade, many things you buy would cost more or not be available.
True
True
National Debt
False
Honduras in banana production
True
True
transportation, communication, and utility systems
Infrastructure refers to a country's
True
True
National Debt
False
Honduras in banana production
True
True
transportation, communication, and utility systems
An economy that is largely involved in agriculture is generally unable to provide its citizens with a large number of high-quality products.
True
True
National Debt
False
Honduras in banana production
True
True
transportation, communication, and utility systems
The amount a country owes to other countries is called
True
True
National Debt
False
Honduras in banana production
True
True
transportation, communication, and utility systems
The value of currency in one country compared with the value in another is called the interest rate.
True
True
National Debt
False
Honduras in banana production
True
True
transportation, communication, and utility systems
Which of the following situations represent an absolute advantage?
True
True
National Debt
False
Honduras in banana production
True
True
transportation, communication, and utility systems
Multinational companies sometimes control a country's political power.
True
True
National Debt
False
Honduras in banana production
True
True
transportation, communication, and utility systems
A country's culture, traditions, and religion can sometimes act as informal trade barriers.
True
True
National Debt
False
Honduras in banana production
True
True
transportation, communication, and utility systems
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