The more homogeneous goods are, the more we expect the law of one ...

[melly21297]

The more homogeneous goods are, the more we expect the law of one price to hold.
 
  Indicate whether the statement is true or false

Question 2

Refer to the table above. Country A has a comparative advantage in
 
  A) beer.
  B) wine.
  C) both beer and wine.
  D) neither beer nor wine.

[trog]

Answer to Question 1

TRUE
Explanation: It is expected to hold better for homogeneous goods.

Answer to Question 2

A

[melly21297]

Great answer, keep it coming

[kthug]

Thanks for the timely response, appreciate it