Assuming price was the sole consideration in exporting and importing (a neglecting transport costs and taxes) then the Philippines can _____. O a. export coconut juice in Q2 and Q4, import it in Q1 and Q3 O b. export coconut juice in Q2, import it the rest of the time O c. export coconut juice in Q1 and Q3, import it in Q2 and Q4 O d. import coconut juice in Q2, export the rest of the time

Assuming price was the sole consideration in exporting and importing (a neglecting transport costs and taxes) then the Philippines can _____. O a. export coconut juice in Q2 and Q4, import it in Q1 and Q3 O b. export coconut juice in Q2, import it the rest of the time O c. export coconut juice in Q1 and Q3, import it in Q2 and Q4 O d. import coconut juice in Q2, export the rest of the time

Microeconomics

13th Edition

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter21: International Finance

Section: Chapter Questions

Problem 5WNG

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