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Author Question: The benefits of international trade are derived from trade in A) tangible goods only. B) ... (Read 88 times)

washai

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on: Jun 30, 2018
The benefits of international trade are derived from trade in
 
  A) tangible goods only.
  B) intangible goods only.
  C) goods but not services.
  D) services but not goods.
  E) anything of value.

Question 2

Refer to the table above. If countries were to trade along the lines of comparative advantage
 
  A) B would export Y to A.
  B) A would import X from A.
  C) neither country would want to trade.
  D) More information is needed to determine the pattern.


frejo

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Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

A


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