International trade on the basis of comparative advantage ...

[sjones]

International trade on the basis of comparative advantage maximizes world output and allows consumers to access better-quality products at lower prices than would be available in the domestic market alone.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

In reality international trade is determined solely by comparative advantage and the free market forces of supply and demand.
 a. True
  b. False
  Indicate whether the statement is true or false

[xMRAZ]

Answer to Question 1

True

Answer to Question 2

False

[sjones]

Wow, this really help

[steff9894]

Thanks for the timely response, appreciate it