Trade between two countries can benefit both countries if
A) each country exports that good in which it has a comparative advantage.
B) each country enjoys superior terms of trade.
C) each country has a more elastic demand for the imported goods.
D) each country has a more elastic supply for the exported goods.
E) each country produces a wide range of goods for export.
Question 2
The difference between GNP and GDP is
A) GNP includes income received from abroad and excludes income paid abroad.
B) GNP excludes income received from abroad and includes income paid abroad.
C) GNP includes exports and imports.
D) GNP excludes exports and imports.
E) GNP includes capital flows received from abroad and excludes capital flows to foreign countries.
The medical assisting profession offers many settings in which to pursue your career. Good communica
To help make good electrical contact with the terminals without doing any harm, select the ...
Almonds and other nuts are also good sources of protein
Carrots are a good source of vitamin A
Kidney beans, steak, and iron-fortified bread and cereal are good sources of iron
Desired Fertility versus Total Fertility Rate in Developing Countries