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

Author Question: In addition to realizing the benefits of specialization according to comparative advantage, a nation ... (Read 83 times)

sc1250

  • Full Member
  • ***
  • Posts: 152
on: Oct 12, 2022

Question 1

The accumulated experience in producing a product over time is known as
◦ proliferation of differentiated products.
◦ gains from trade.
◦ opportunity cost.
◦ learning by doing.
◦ specialization.

Question 2

In addition to realizing the benefits of specialization according to comparative advantage, a nation that engages in international trade and specialization may realize benefits from
◦ diseconomies of scale and learning by doing.
◦ a devaluation of its currency.
◦ learning by doing and increased opportunity costs.
◦ a less diversified economy.
◦ economies of scale and learning by doing.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by sc1250 on Oct 12, 2022

reactx

  • Full Member
  • ***
  • Posts: 162
Reply #1 on: Oct 12, 2022
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 56% of students answer this correctly


sc1250

  • Member
  • Posts: 152
Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

AmberC1996

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Comparative profiles of the lion and tiger. Comparative profiles of the lion and tiger.
Hemispheric Specialization Hemispheric Specialization
Xenophon (430–357 B.C.E.) Biographer of Socrates and his student as a youth. In addition to four ... Xenophon (430–357 B.C.E.) Biographer of Socrates and his student as a youth. In addition to four ...
Health Benefits of Marriage Health Benefits of Marriage
The nucleotide addition cycle in T. thermophilus RNA polymerase The nucleotide addition cycle in T. thermophilus RNA polymerase
Heath Benefits of tomato Heath Benefits of tomato
Video: X chromosome inactivation in calico cats

For a complete list of videos, visit our video library