Economics · May / June 2018 · Paper 22 · Question 3
2281
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The question as text
Farms in the USA are getting larger. One dairy farm in the state of Indiana has over 38 000 cows. Farms in the USA compete with farms in both developed and developing countries. The value of the farms’ exports of milk appears in the trade in goods section of the current account of the USA’s balance of payments.
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3(a)[2]
3(b)[4]
3(c)[6]
3(d)[8]
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