« previous next »

Author Question: Monetary policy is more effective in an open economy than in a closed economy. Indicate whether ... (Read 95 times)

asmith134

  • Hero Member
  • *****
  • Posts: 576
on: Jun 30, 2018
Monetary policy is more effective in an open economy than in a closed economy.
 
  Indicate whether the statement is true or false

Question 2

Which of the following is NOT a proposition of the Heckscher-Ohlin model?
 
  A) A country has a comparative advantage in the production of that commodity which uses more intensively the country's more abundant resource.
  B) The effect of international trade is to tend to equalize factor prices between the trading nations.
  C) If the United States is a skilled labor abundant country, then the United States has a comparative advantage in the production of goods that use skilled labor more intensively.
  D) Countries will completely specialize in the product in which they have a comparative advantage if free trade is allowed to occur.
International Economics ¦ Gerber ¦ 6th Edition
Buy Test-Bank


yahahah24021

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

FALSE

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Tactile Fremitus, Using Ulnar Aspect of Closed Fist Tactile Fremitus, Using Ulnar Aspect of Closed Fist
Open, or compound The fracture projects through the skin and there is a possibility of infection or Open, or compound The fracture projects through the skin and there is a possibility of infection or
A typical open-end wrench. Note the size difference on each end and that the head is angled 15 ... A typical open-end wrench. Note the size difference on each end and that the head is angled 15 ...
Effleurage to adductor muscles. Bend the knee and open the leg to access adductor muscles. Resecure ... Effleurage to adductor muscles. Bend the knee and open the leg to access adductor muscles. Resecure ...
Open and closed comedones of acne Open and closed comedones of acne
What rate, compounded once every 3 years, is equivalent to 9% effective rate? What rate, compounded once every 3 years, is equivalent to 9% effective rate?
Video: Condensation and Hydrolysis Animation

For a complete list of videos, visit our video library