This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The Dominican Republic has a comparative advantage in the production of tobacco, and Panama has a ... (Read 42 times)

torybrooks

  • Hero Member
  • *****
  • Posts: 500
on: Apr 19, 2019

Question 1

If Mexico has a comparative advantage in the production of oil compared to France, then


◦ Mexico also has an absolute advantage in the production of oil.
◦ France has an absolute advantage in the production of oil.
◦ Mexico can produce oil at a lower opportunity cost than France.
◦ France cannot produce oil.

Question 2

The Dominican Republic has a comparative advantage in the production of tobacco, and Panama has a comparative advantage in the production of oranges. If both countries specialize based on the theory of comparative advantage


◦ only the production of tobacco will increase.
◦ only the production of both goods will increase.
◦ only the consumption of both goods will increase.
◦ the production and consumption of both goods will increase.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by torybrooks on Apr 19, 2019

trog

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Apr 19, 2019
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.
Answer Preview
Only 29% of students answer this correctly


torybrooks

  • Hero Member
  • *****
  • Posts: 500
Reply #2 on: Apr 19, 2019
Excellent


trog

  • Sr. Member
  • ****
  • Posts: 343
Reply #3 on: Apr 19, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

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?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Tobacco hornworm caterpillar Manduca sexta parasitized by Braconidae wasp larvae Tobacco hornworm caterpillar Manduca sexta parasitized by Braconidae wasp larvae
Human of the planet's net primary production and appropriation of NPP Human of the planet's net primary production and appropriation of NPP
Role of Factors of Production in Determining Output per Worker, 2009 Role of Factors of Production in Determining Output per Worker, 2009
Satellite data showing net primary production. Productivity is coded as red (highest) down through o Satellite data showing net primary production. Productivity is coded as red (highest) down through o
No gene interaction in the production of feather color in budgerigar parakeets No gene interaction in the production of feather color in budgerigar parakeets
Examples of Polypeptide Production from Synthetic mRNAs Examples of Polypeptide Production from Synthetic mRNAs
Video: First Stage of Labor and Delivery Video

For a complete list of videos, visit our video library