« previous next »

Author Question: Given the information in the table above A) neither country has a comparative advantage in cloth. ... (Read 58 times)

segrsyd

  • Hero Member
  • *****
  • Posts: 530
on: Jun 30, 2018
Given the information in the table above
 
  A) neither country has a comparative advantage in cloth.
  B) Home has a comparative advantage in widgets.
  C) Foreign has a comparative advantage in widgets.
  D) Home has a comparative advantage in both cloth and widgets.
  E) neither country has a comparative advantage in widgets.

Question 2

What is pricing to market? Where is it most prevalent?
 
  What will be an ideal response?


Tonny

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

Pricing to market is the practice of adjusting export prices in response to exchange rate changes so as to limit changes in the prices paid by importers. This behavior has been found to be generally increasing and especially prevalent amongst Japanese and German exporters.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

segrsyd

  • Hero Member
  • *****
  • Posts: 530
Reply #2 on: Jun 30, 2018
Thank you


Tonny

  • Sr. Member
  • ****
  • Posts: 341
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

French and U.S. presidential elections in 2012 illustrate the durability of political culture and ho French and U.S. presidential elections in 2012 illustrate the durability of political culture and ho
Finish with bilateral stroking to the entire back. Stand at head of the table with fingers pointing ... Finish with bilateral stroking to the entire back. Stand at head of the table with fingers pointing ...
Dorsiflex the foot, applying direct pressure to the bottom. Standing at the end of the table, pick ... Dorsiflex the foot, applying direct pressure to the bottom. Standing at the end of the table, pick ...
How to solve an exponential problem using a table of values (Question 2) How to solve an exponential problem using a table of values (Question 2)
Strategic Management and Competitive Advantage: Concepts and Cases, 6th Edition Strategic Management and Competitive Advantage: Concepts and Cases, 6th Edition
Video: Erythropoietin (EPO)

For a complete list of videos, visit our video library