This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Trade is generally harmful if there are large disparities between countries in wages. A) This is ... (Read 53 times)

tingc95

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
Trade is generally harmful if there are large disparities between countries in wages.
 
  A) This is generally true.
  B) This is generally false.
  C) Trade theory has nothing to say about this issue.
  D) This is true if the trade partner ignores child labor laws.
  E) This is true if the trade partner uses prison labor.

Question 2

The only reason that exchange rates change is because overall price levels in the countries change.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

frejo

  • Sr. Member
  • ****
  • Posts: 349
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

FALSE
Explanation: Relative price changes, in addition to inflation, can change the exchange rates.


tingc95

  • Member
  • Posts: 556
Reply 2 on: Jun 30, 2018
Excellent

peter

  • Member
  • Posts: 330
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Your heart beats over 36 million times a year.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

The rotifer, Brachionus calyciflorus, is a large predator that consumes the smaller algae, Chlorella The rotifer, Brachionus calyciflorus, is a large predator that consumes the smaller algae, Chlorella
Large Wolf Spider with young in Michigan Large Wolf Spider with young in Michigan
Several species of squirrels have melanistic phases. In large parts of United States and Canada, the Several species of squirrels have melanistic phases. In large parts of United States and Canada, the
Map distances are generally additive Map distances are generally additive
Color enhanced X ray of large malignant tumor in the right lung. Color enhanced X ray of large malignant tumor in the right lung.
Relative Energy Consumption per Person for Selected Countries Relative Energy Consumption per Person for Selected Countries
Video: How does asthma work?And How do you treat asthma?

For a complete list of videos, visit our video library