Select the correct option after reading the following statements.
1) When a country, kingdom, or region has some goods in surplus, those goods can be imported.
2) If some goods are scarce in a country, kingdom, or region, those goods can be imported.

Both statements are true.

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Both statements are false.

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Statement 1 is true and statement 2 is false.

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Statement 2 is true and statement 1 is false.

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Solution

The correct option is D Statement 2 is true and statement 1 is false.
When a country, kingdom or region has some goods in surplus, those goods can be exported. If some goods are scarce in a country, kingdom or region, those goods can be imported.

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Select the correct option after reading the following statements. 1) When a country, kingdom, or region has some goods in surplus, those goods can be imported. 2) If some goods are scarce in a country, kingdom, or region, those goods can be imported.

The correct option is D Statement 2 is true and statement 1 is false.When a country, kingdom or region has some goods in surplus, those goods can be exported. If some goods are scarce in a country, kingdom or region, those goods can be imported.

Select the correct option after reading the following statements.
1) When a country, kingdom, or region has some goods in surplus, those goods can be imported.
2) If some goods are scarce in a country, kingdom, or region, those goods can be imported.

The correct option is D Statement 2 is true and statement 1 is false.
When a country, kingdom or region has some goods in surplus, those goods can be exported. If some goods are scarce in a country, kingdom or region, those goods can be imported.