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

Author Question: The relative amounts of the goods that will be exchanged for each other in trade refers to the ... (Read 179 times)

mikaylakyoung

  • Hero Member
  • *****
  • Posts: 531
on: Jun 30, 2018
The relative amounts of the goods that will be exchanged for each other in trade refers to the nations'
 
  A) autarky status. B) absolute advantages.
  C) terms of trade. D) production possibilities.

Question 2

Refer to the figure above. What is the initial equilibrium wage rate and employment level?
 
  A) 60 and 20 units of labor B) 40 and 40 units of labor
  C) 50 and 40 units of labor D) 20 and 40 units of labor


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

anyusername12131

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

C


mikaylakyoung

  • Member
  • Posts: 531
Reply 2 on: Jun 30, 2018
Excellent

sultansheikh

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Your heart beats over 36 million times a year.

Motion of the barycenter of the Solar System relative to the Sun Motion of the barycenter of the Solar System relative to the Sun
Fura-2, a Ca2+-sensitive fluorochrome, can be used to monitor the relative conce Fura-2, a Ca2+-sensitive fluorochrome, can be used to monitor the relative conce
The relative influence of heredity and the environment in human behavior has fascinated and plagued ... The relative influence of heredity and the environment in human behavior has fascinated and plagued ...
Growth of World Trade, 1870–2010 Growth of World Trade, 1870–2010
Relative Humidity Changes at Constant Water-Vapor Content Relative Humidity Changes at Constant Water-Vapor Content
Relative size ranges and fluorescent dye labeling colors of 16 STR Relative size ranges and fluorescent dye labeling colors of 16 STR
Video: How to make cDNA Animation

For a complete list of videos, visit our video library