Question

A semiconductor is a key component in your​ laptop, cell​ phone, and iPod. The table provides information about the market for semiconductors in the United States.
Producers of semiconductors can get​ $18 a unit on the world market.
With no international​ trade, what is the price of a semiconductor and how many semiconductors are bought and sold in the United​ States? Does the United States have a comparative advantage in the production of​ semiconductors?
With no international​ trade, the price of a semiconductor is
​$_____ and _____ billion semiconductors a year are bought and sold in the United States.
The United States _____ a comparative advantage in producing semiconductors.

Answer 1

Answer:

12 and 20, has

Explanation:

The semiconductors sector is the best for U.S. export as well, and ensure a lot of American jobs, innovation, and growth. You will find a quite busy semiconductor manufacturing sector in USM and there is an extensive foreign market that led to semiconductor perennially, and hence ranking as among the US top export sector. Considering no international trade the price of the semiconductor is supposed to be 12 and 20 billion dollars worth semiconductors annually that are being bought and sold inside the US. And the US certainly has comparative advantages in producing semiconductors.