The Table Below Shows the Quantity Demanded (In Thousands) and Quantity

The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5

-The fact that the United States exports Budweiser beer and imports Heineken beer can be explained by:

A) the differences in labor productivity in the U.S. and other countries.
B) the differences in factor endowments in the U.S. and its trading partners.
C) the fact that the world price of Budweiser beer is lower than Heineken beer.
D) the fact that production of Budweiser beer in the U.S. is inadequate compared to its demand.
E) the preference for foreign brands of beer by a part of the U.S. population.

Correct Answer:

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