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Author Question: No country can have an absolute advantage in the production of more than one good. a. True b. ... (Read 39 times)

craiczarry

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on: Jun 30, 2018
No country can have an absolute advantage in the production of more than one good.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

An import quota does which of the following?
 a. decreases the price of the imported goods to consumers
  b. increases the price of the domestic goods to consumers
  c. increases the domestic quantity demanded.
 d. both (a) and (c)


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djofnc

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

False

Answer to Question 2

b


craiczarry

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  • Posts: 527
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

carojassy25

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  • Posts: 299
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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