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Pavlova-9 [17]
3 years ago
14

The world price of a pound of almonds is $4.50. Before Uruguay allowed trade in almonds, the price of a pound of almonds there w

as $3.00. Once Uruguay began allowing trade in almonds with other countries, Uruguay began A. exporting almonds and the price per pound in Uruguay remained at $3.00. B. exporting almonds and the price per pound in Uruguay increased to $4.50. C. importing almonds and the price per pound in Uruguay remained at $3.00. D. importing almonds and the price per pound in Uruguay increased to $4.50.
Business
1 answer:
Lelechka [254]3 years ago
3 0

Answer:

The correct answer is option B.

Explanation:

The world price of a pound of almonds is $4.50.

During autarky, the price of almonds in Uruguay is $3.

Once Uruguay opens trade with other countries, since the price of almonds is lower in Uruguay than the world price, Uruguay will export almonds to the world. With the opening up of trade, the price will rise to $4.50.

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3 years ago
Moore General Store purchased office supplies on account during the month of February for $4,500. Payment for the supplies will
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Answer:

The correct answer is option (B).

Explanation:

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6 0
4 years ago
Three sources of flexibility in completing primary and support activities are particularly useful for firms using the integrated
AURORKA [14]

Answer:

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3 years ago
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IgorC [24]

Answer:

<u>equity and efficiency</u>

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