Author Question: Identify a true statement about comparative advantage. A) It is the tendency of a country to choose ... (Read 64 times)

asan beg

  • Hero Member
  • *****
  • Posts: 570
Identify a true statement about comparative advantage.
 A) It is the tendency of a country to choose goods that have a higher opportunity cost compared to other countries.
  B) It stays the same regardless of the changes in the technology or workforce in a country.
  C) It is affected by major trade barriers to international trade.
  D) It always remains static for developing countries.

Question 2

The World Trade Organization was created by the
 A) Kennedy Round.
  B) United Nations.
  C) League of Nations.
  D) Tokyo Round.
  E) Uruguay Round.



firehawk60

  • Sr. Member
  • ****
  • Posts: 315
Answer to Question 1

C

Answer to Question 2

E



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

For a complete list of videos, visit our video library