This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The difficulty of ascertaining the right second-best trade policy to follow A) reinforces support ... (Read 268 times)

shenderson6

  • Hero Member
  • *****
  • Posts: 573
on: Jun 30, 2018
The difficulty of ascertaining the right second-best trade policy to follow
 
  A) reinforces support for the third-best policy approach.
  B) reinforces support for increasing research capabilities of government agencies.
  C) reinforces support for abandoning trade policy as an option.
  D) reinforces support for free-trade options.
  E) reinforced support for the domestic market failure argument.

Question 2

In the Heckscher-Ohlin model, when two countries begin to trade with each other
 
  A) the relative prices of traded goods in the two countries converge.
  B) relative factor prices in the two countries diverge.
  C) benefits from trade are evenly distributed between the two countries.
  D) all factors in both countries will gain from trade.
  E) all factors in one country will gain, but there may be no gains in the other country.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ciecieme

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


shenderson6

  • Member
  • Posts: 573
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

helenmarkerine

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

There are more bacteria in your mouth than there are people in the world.

A female gorilla exhibiting tool use by using a tree trunk as a support whilst fishing herbs. A female gorilla exhibiting tool use by using a tree trunk as a support whilst fishing herbs.
insect's compound eye, revealing photoreceptor cells, support cells and pigment cells insect's compound eye, revealing photoreceptor cells, support cells and pigment cells
New Yorkers flee from the dust caused by the collapse of the twin towers of the World Trade Center f New Yorkers flee from the dust caused by the collapse of the twin towers of the World Trade Center f
As in this photo from Tampa, Florida, hidden cameras now follow us almost everywhere we go. How do ... As in this photo from Tampa, Florida, hidden cameras now follow us almost everywhere we go. How do ...
a) Using a fist to support thumb pressure b) Using thumb-beside-thumb pressure a) Using a fist to support thumb pressure b) Using thumb-beside-thumb pressure
Food policy can drive the food industry Food policy can drive the food industry
Video: Types of Shock (Part 2 of 2)

For a complete list of videos, visit our video library