Question: Need help solving this problem Quiz Instructions Prices Question 31 2 pts Cotton is grown in Alabama and sold to a company that makes thread
Need help solving this problem

Quiz Instructions Prices Question 31 2 pts Cotton is grown in Alabama and sold to a company that makes thread for $5,000. The company that makes thread, turns the raw cotton into thread and sells it to a company that makes cloth for $8,500. The company that makes cloth turns the thread into cloth and sells it to an overseas company that turns the cloth into t-shirts for $11,000. The overseas company makes the T- shirts from the cloth and sells it to a US retailer for $15,500. Finally, the US retailer sells the t- shirts to customers for $25,000. Referring to the scenario above, the value of exports is 2500 and the value of imports is 3500 er helpful? the base Previous Next
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