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Author Question: The fundamental force that drives international trade is A) absolute advantage. B) importation ... (Read 67 times)

bb

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on: Jun 29, 2018
The fundamental force that drives international trade is
 
  A) absolute advantage.
  B) importation duties and tariffs.
  C) export licenses.
  D) comparative advantage.

Question 2

In 2008, Germany had a budget deficit of 37 billion euros. This deficit resulted in
 
  A) a rightward shift of the supply of loanable funds curve.
  B) a leftward shift of the demand for loanable funds curve.
  C) a crowding out effect in which investment decreases.
  D) the Ricardo-Barro effect and an increase in the interest rate.


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ultraflyy23

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


bb

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Reply 2 on: Jun 29, 2018
Excellent

scottmt

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Reply 3 on: Yesterday
:D TYSM

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