Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

33) One of the largest categories of exports from the United States is now pop culture: movies, music, TV programming, and videos. A direct conclusion

image text in transcribed
33) One of the largest categories of exports from the United States is now pop culture: movies, music, TV programming, and videos. A direct conclusion from this information is that, compared to other countries, the United States has A) higher wages for producers of pop culture. B) a comparative advantage in producing pop culture. C) an absolute advantage in producing pop culture. D} lower wages for producers of pop culture

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The End Of Poverty Economic Possibilities For Our Time

Authors: Jeffrey D Sachs, Bono

1st Edition

0143036580, 9780143036586

More Books

Students also viewed these Economics questions