Question

_______ 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 !!

Answer 1

Answer:9. B

10. A

11. B

Explanation:

Answer 2

Answer:

9. (B) Interdependence

10. (A) Price increases

11. (A) International trade