Author Question: Trade preferences for less-developed countries address the following problems EXCEPT: A. unequal ... (Read 23 times)

clippers! · **on:** Sep 10, 2018

Trade preferences for less-developed countries address the following problems EXCEPT:

A. unequal terms of trade
B. lack of demand
C. comparative cost advantages
D. unequal technological development
E. effects of the lack of capital

Question 2

For neoclassical economists, the value of a good is determined by:

A. theamount of labor put into it.
B. its quality.
C. its usefulness.
D. the market context
E. exchange rates