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A customs duty is best described as a ____________. a. tax paid on exported goods c. fee paid by countries that wish to implement import quotas b. tax paid on imported goods d. fee paid by countries
as they enter into free trade agreements
A customs duty is best described as a ____________.b. tax paid on imported goods
Expert answered|aisonyu|Points 20|
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Asked 3/21/2013 6:30:13 AM
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According to the law of comparative advantage, a country should a. specialize and export goods with the highest opportunity cost. b. specialize and export goods with the lowest production cost. c. specialize and export goods with the lowest opportunity cost. d. specialize and export goods with the lowest average cost.
Weegy: According to the law of comparative advantage, a country should c. specialize and export goods with the lowest opportunity cost. (More)
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Weegy: a. They use their resources to produce a limited range of goods it mean when an economist says that an area specializes in producing certain products. [ [smile] Source: ] (More)
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