This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: No country can have an absolute advantage in the production of more than one good. a. True b. ... (Read 66 times)

craiczarry

  • Hero Member
  • *****
  • Posts: 527
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)


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

djofnc

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

b


craiczarry

  • Member
  • Posts: 527
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

cpetit11

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

El Niño and areas of high marine primary production around the Galapagos Islands. Noti El Niño and areas of high marine primary production around the Galapagos Islands. Noti
What makes tea so good What makes tea so good
When teenagers live in single-parent homes, a good relationship with grandparents is related to ... When teenagers live in single-parent homes, a good relationship with grandparents is related to ...
Good contact feels full, confident, and deliberate and establishes a warm connection between massage ... Good contact feels full, confident, and deliberate and establishes a warm connection between massage ...
Nuts are also a good source of B group vitamins (including folate), and vitamin E Nuts are also a good source of B group vitamins (including folate), and vitamin E
The price of rice in a small country is currently $6 per pound. In order to help low-income ... The price of rice in a small country is currently $6 per pound. In order to help low-income ...
Video: Pasteur's Experiment

For a complete list of videos, visit our video library