_______ 9. The U.S. relies on other countries for goods and services, while other countries rely on the U.S. and each other for goods and services, as well. This concept is known as?
A. Scarcity
B. Interdependence
_______ 10. When a good is scarce and in high demand, what will likely happen to its price?
A. Price increases
B. Price decreases
_______ 11. When countries focus on producing goods they can manufacture and produce effectively and efficiently, we refer to this as?
A. International Trade
B. Specialization
Thanks !!
Answers
Answered by
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Answer:9. B
10. A
11. B
Explanation:
Answered by
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Answer:
9. (B) Interdependence
10. (A) Price increases
11. (A) International trade
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