Author Question: One of the reasons why we have several competing theories of international trade flows is difficulty ... (Read 116 times)

Mollykgkg

  • Hero Member
  • *****
  • Posts: 529
One of the reasons why we have several competing theories of international trade flows is difficulty economists encounter in devising and carrying out precise tests of trade theories.
 
  Indicate whether the statement is true or false

Question 2

GNP equals GDP
 
  A) minus net receipts of factor income from the rest of the world.
  B) plus receipts of factor income from the rest of the world.
  C) minus receipts of factor income from the rest of the world.
  D) plus net receipts of factor income from the rest of the world.
  E) minus depreciation.



stillxalice

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

TRUE

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

For a complete list of videos, visit our video library