| A) | labor costs are a greater share of a product’s value than they are of the value of other products.
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| B) | the price the country receives from foreign buyers for its export product(s), relative to the price that the country pays foreign sellers for its import product(s).
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| C) | show how the economic well-being of a whole group depends on the whole group’s consumption of products.
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| D) | As one industry expands at the expense of others, increasing amounts of the other products must be given up to get each extra unit of the expanding industry’s product.
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| E) | shows the various combinations of consumption quantities that lead to the same level of well-being or happiness.
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| F) | a country has a higher ratio of labor to other factors than does the rest of the world.
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| G) | predicts that a country exports the product(s) that use its relatively abundant factor(s) intensively and imports the product(s) using its relatively scarce factor(s) intensively.
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