Please answer all 10 questions by choosing the correct option for each question. Be clear and thank you!

Q1 are the goods and services that a nation sells to other nations. O import O export O revenue tariffs O absolute advantageQ2 is tax on an imported product designed to protect less-efficient domestic producers. O protective tariff O revenue tariff O quota O exportQ3 When one nation can produce a good or service at a lower cost than another, the former is said to have an in that item. O absolute advantage comparative advantage O factor supply O revenue tariffsThe main reason a country import goods and services from other nations is because 0 it will help them Ieam how to produce the goods and services in their own country. 0 they are helping the other country get rid of goods and services that they no longer want to Keep. 0 they can produce the same goods and services that they irnport. 0 they cannot produce those goods or services in their own nation. Q5 The state of Florida is known to produce oranges more than majority of the other states, so Florida has a(n) in oranges. O no opportunity cost comparative advantage O import O specializationQ6 If you wanted to compare two nations maximum combination of production of goods and services, you can use O absolute advantage O comparative advantage O specialization O production possibilities frontier0)8 Cost of the next best alternative use of money, time, or resources when making a choice is opportunity cost. O True O FalseQ9 Specialization mostly has a negative effect on trade throughout the world. O True O FalseQ10 What major effect does specialization have on the world of trade? O It is only beneficial for the United States. It has zero affect on trade. C It increases the world's output. O It decreases the world's output.Q7 Under certain circumstances, however, it pays for a nation to import goods and services from abroad even though they could be produced more cheaply at home. This is referred to as O absolute advantage O factor supply O comparative advantage O revenue tariffs