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Panama and Honduras produce the same two goods, fish and bananas. Suppose that Panama has a comparative advantage in bananas. Which country has the comparative

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Panama and Honduras produce the same two goods, fish and bananas. Suppose that Panama has a comparative advantage in bananas. Which country has the comparative advantage in fish? O Either Panama or Honduras Neither Panama nor Honduras Panama Honduras Question 7 1 pts The imposition of a tariff on foreign televisions reduces O both television imports and television exports O television exports but not television imports O television imports but not television exports O neither television imports nor television exports Question 8 1 pts An import quota does which of the following? Decreases the price of the imported good to the consumer O Increases the price of the domestic good to the consumer. Redistributes income from domestic producers to domestic consumers. Decreases the price received by the foreign producer

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