« previous next »

Author Question: The assumption that the two goods are made using different factor intensities raises the likelihood ... (Read 35 times)

cartlidgeashley

  • Hero Member
  • *****
  • Posts: 572
on: Jun 30, 2018
The assumption that the two goods are made using different factor intensities raises the likelihood of incomplete specialization after trade begins.
 
  Indicate whether the statement is true or false

Question 2

The European Union membership criteria includes all of the following EXCEPT
 
  A) the country must participate in free trade with all of its goods and services.
  B) the country must follow market-based economics.
  C) the country must formally adopt the EU-wide rules such as technical standards, environmental inspections, banking supervision, etc.
  D) the country must be a stable functioning democracy.
  E) None of the above.


chreslie

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: Jun 30, 2018
Answer to Question 1

TRUE
Explanation: It introduces increasing opportunity costs into the model.

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

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

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Segregation according to resource factor among 40 species of British passerine birds. Segregation according to resource factor among 40 species of British passerine birds.
Relationship between a diagnostic label and related factor Relationship between a diagnostic label and related factor
A sod house in North Dakota, 1896. Individual “bricks” of sod were hewn from the ground and stacked A sod house in North Dakota, 1896. Individual “bricks” of sod were hewn from the ground and stacked
EMERGENCY TRAUMA ASSESSMENT MADE EASY EMERGENCY TRAUMA ASSESSMENT MADE EASY
How to factor by grouping How to factor by grouping
No payments were made on a $2,598 loan during its three-year term. What was the annually ... No payments were made on a $2,598 loan during its three-year term. What was the annually ...
Video: Mitochondrial Structure & ETC Protein Complexes (Protein Complexes and Electron Transport)

For a complete list of videos, visit our video library