« previous next »

Author Question: In a two-country, two-product world, the statement Germany enjoys a comparative advantage over ... (Read 63 times)

michelleunicorn

  • Hero Member
  • *****
  • Posts: 565
on: Jun 30, 2018
In a two-country, two-product world, the statement Germany enjoys a comparative advantage over France in autos relative to ships is equivalent to
 
  A) France having a comparative advantage over Germany in ships.
  B) France having a comparative disadvantage compared to Germany in autos and ships.
  C) Germany having a comparative advantage over France in autos and ships.
  D) France having no comparative advantage over Germany.
  E) France should produce autos.

Question 2

The United States became a net international debtor in 1985 for the first time since World War I.
 
  Indicate whether the statement is true or false


ciecieme

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

A

Answer to Question 2

TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

michelleunicorn

  • Hero Member
  • *****
  • Posts: 565
Reply #2 on: Jun 30, 2018
Correct answers!


ciecieme

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Smallest Fish in the world Smallest Fish in the world
Smallest Cat in the world Smallest Cat in the world
A Thirsty World A Thirsty World
Distribution of the World’s Population Distribution of the World’s Population
Penicillin saved the lives of many soldiers in World War II Penicillin saved the lives of many soldiers in World War II
The price of rice in a small country is currently $6 per pound. In order to help low-income ... The price of rice in a small country is currently $6 per pound. In order to help low-income ...
Video: Secondary and tertiary levels of protein structure Animation

For a complete list of videos, visit our video library