This topic contains a solution. Click here to go to the answer

Author Question: Countries should specialize and import goods in which they have a comparative disadvantage. a. True ... (Read 22 times)

Pea0909berry

  • Hero Member
  • *****
  • Posts: 573
Countries should specialize and import goods in which they have a comparative disadvantage.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following is not a result of a U.S. tariff on foreign autos?
 a. increase the price of imported autos
 b. increase the price of domestic autos
 c. decrease the quantity of foreign autos purchased by U.S. consumers
  d. decrease the quantity of domestic autos purchased by U.S. consumers



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sierramartinez

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

True

Answer to Question 2

d





 

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

For a complete list of videos, visit our video library