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Author Question: Trade benefits a country by A) increasing available consumption choices. B) reducing the need ... (Read 137 times)

casperchen82

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on: Jun 30, 2018
Trade benefits a country by
 
  A) increasing available consumption choices.
  B) reducing the need for specialization in production.
  C) reducing the relative price of the exported good.
  D) increasing the real income of all resource owners.
  E) increasing the wage rate.

Question 2

It is claimed that L. Frank Baum's classic 1900 children's book, The Wonderful Wizard of Oz, is an allegorical rendition of the U.S. political struggle over gold.
 
  What will be an ideal response?


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brittanywood

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

This statement is true. In L. Frank Baum's classic 1900 children's book, The Wonderful Wizard of Oz, the name oz is a reference to an ounce (oz.) of gold, and the yellow brick road represents the false promise of gold. The story represents the struggle of farmers in the western US who were heavily indebted.


casperchen82

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Reply #2 on: Jun 30, 2018
Thank you


brittanywood

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Reply #3 on: Jun 30, 2018
No problemo


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