Author Question: If the autarky price of S were lower in country A than in country B, then if trade were allowed ... (Read 120 times)

asan beg · **on:** Jun 30, 2018

If the autarky price of S were lower in country A than in country B, then if trade were allowed

A) A would likely export S to B.
B) A would likely import S from B.
C) neither country would want to trade.
D) None of the above.

Question 2

Many developing countries make the government budget one of the primary tools of long-run industrial development, with the government owning and operating industries such as steel mills, airlines, and phone companies.

Indicate whether the statement is true or false