« previous next »

Author Question: Given the information in the table above A) neither country has a comparative advantage in cloth. ... (Read 90 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?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

The flow of information in a eukaryotic cell The flow of information in a eukaryotic cell
Terry Winters, Color and Information. Terry Winters, Color and Information.
The Periodic Table of Elements. The Periodic Table of Elements.
With the arm placed on the table, apply effleurage over the entire upper limb as a reconnecting and ... With the arm placed on the table, apply effleurage over the entire upper limb as a reconnecting and ...
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)
Christmas table decoration ideas Christmas table decoration ideas
Video: Regulation of GFR: three methods, autoregulation & autoregulation via myogenic mechanism

For a complete list of videos, visit our video library