A country in autarky does not trade. Indicate whether the ...

[joesmith1212]

A country in autarky does not trade.
 
  Indicate whether the statement is true or false

Question 2

If an economy experiences an increase in its labor force, everything else constant, then at constant world prices, it will
 
  A) produce more of the labor intensive good and less of the capital intensive good.
  B) produce more of both goods.
  C) produce the same amount of both goods.
  D) produce less of the labor intensive good and more of the capital intensive good.

[Kingjoffery]

Answer to Question 1

TRUE

Answer to Question 2

A