Author Question: One of the reasons why we have several competing theories of international trade flows is difficulty ... (Read 102 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?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

For a complete list of videos, visit our video library