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Author Question: The UN has the budget and resources equivalent to that of most small states. Indicate whether ... (Read 24 times)

mpobi80

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on: Sep 4, 2018
The UN has the budget and resources equivalent to that of most small states.
 
  Indicate whether this statement is true or false

Question 2

When states specialize in producing the goods that they produce best and trading for goods that other states are better at producing, they are operating according to __________.
 
  A) the comparative advantage
  B) the absolute advantage
  C) transaction costs
  D) patterns of trade


prumorgan

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Reply #1 on: Sep 4, 2018
Answer to Question 1

Answer: False

Answer to Question 2

Answer: A


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