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Author Question: Which of the following UNDESIRABLE results will most likely occur for a country running a favorable ... (Read 56 times)

penguins

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on: Jul 7, 2018
Which of the following UNDESIRABLE results will most likely occur for a country running a favorable balance of trade?
 
  A) higher unemployment
  B) higher domestic interest rates
  C) fewer funds to invest abroad
  D) granting credit that may be risky

Question 2

Assume the following conditions: In the United States it takes 5 units of resources to produce a ton of potatoes and 10 to produce a ton of coal. In Canada it takes 6 units of resources to produce a ton of potatoes and 9 to produce a ton of coal.
 
  According to the theory of absolute advantage, ________.
  A) the United States should export potatoes to Canada and import coal from Canada
  B) the United States should export coal to Canada and import potatoes from Canada
  C) the United States should import both potatoes and coal from Canada, while concentrating on production of more valuable goods
  D) there would be no basis for trade
International Business ¦ Daniels, Radebaugh, Sullivan ¦ 16th Edition
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Laurenleakan

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Reply #1 on: Jul 7, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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penguins

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Reply 2 on: Jul 7, 2018
:D TYSM

frankwu0507

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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