Business, 27.07.2021 20:20 quise2ross

Which of the following statements about transportation costs are correct? A. When transportation costs rise, markets tend to substitute goods that are from closer locations.
B. Transportation costs have declined due to technological improvements for transporting goods.
C. International transportation costs are increasing everywhere in the world except in the United States.
D. Since the 1960s, transportation costs, as a percentage of the value of all U. S. imports, increased twofold.
E. The decline in the U. S. relative cost of international transportation has contributed to a higher volume of trade.

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Which of the following statements about transportation costs are correct? A. When transportation co...

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