Question

In 2017, the United States exported approximately $500 million of beef to Mexico, and Mexico exported approximately $500 million of beef to the United States. Which of the following best explains this international supply chain?United States consumers prefer to purchase specialty products made from beef raised in Mexico.Option A,United States consumers prefer to purchase specialty products made from beef raised in Mexico.Mexico depends on beef imports because domestic beef production is too low.Option B,Mexico depends on beef imports because domestic beef production is too low.United States and Mexican producers rely on each other’s market to sell certain beef products.Option C,United States and Mexican producers rely on each other’s market to sell certain beef products.The United States and Mexico have an agreement to evenly exchange beef products.Option D,The United States and Mexico have an agreement to evenly exchange beef products.Mexico’s beef industry produces a surplus and depends on beef exports.

Answer 1

The best explanation for the international supply chain between the United States and Mexico regarding beef exports is Option C: United States and Mexican producers rely on each other’s market to sell certain beef products.

This option highlights the interdependence of both countries in terms of beef production and consumption, reflecting how each market benefits from the other by providing different products that meet consumer preferences. It acknowledges that while both countries export similar amounts of beef to each other, the reasons for this could include branded products, quality distinctions, and varying consumer preferences.