« previous next »

Author Question: Given the information in the table above A) neither country has a comparative advantage in cloth. ... (Read 131 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?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Information Processing Model The components of the model operate simultaneously. Information Processing Model The components of the model operate simultaneously.
Organizing Drug Information by Therapeutic Classification Organizing Drug Information by Therapeutic Classification
Stretch the extensor muscles with flexion at the wrist. Reposition the palm to face the table. Apply ... Stretch the extensor muscles with flexion at the wrist. Reposition the palm to face the table. Apply ...
How to determine if a table of values represents a linear or quadratic relationship How to determine if a table of values represents a linear or quadratic relationship
How to create a table of values displaying commission and earnings (Question 2) How to create a table of values displaying commission and earnings (Question 2)
A 23 kg mass is connected to a nail on a frictionless table by a massless string 1.3 m long. ... A 23 kg mass is connected to a nail on a frictionless table by a massless string 1.3 m long. ...
Video: Cell mediated immune response to a viral infection Animation

For a complete list of videos, visit our video library