If I purchase a stereo from South Korea, I obtain th... - Solved MCQs & Answer

1269EconomicsMedium

If I purchase a stereo from South Korea, I obtain the stereo and South Korea obtains the dollars But if I purchase a stereo produced in the Pakistan I obtain the stereo and the rupees remain in Pakistan, This line of reasoning is?

Avalid for most products imported by Pakistan but not for stereos

Bdeceiving since the dollars spent on a stereo built in the Pakistan eventually wind up overseas

Cdeceiving since Koreans eventually spend the dollars on Pakistani goods

Dvalid for stereos, but nor for most products imported by Pakistan

Correct answer

C. deceiving since Koreans eventually spend the dollars on Pakistani goods

Explanation

The correct answer is deceiving since Koreans eventually spend the dollars on Pakistani goods.

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