« previous next »

Author Question: Given the information in the table above A) neither country has a comparative advantage in cloth. ... (Read 76 times)

segrsyd

  • Hero Member
  • *****
  • Posts: 530
on: Jun 30, 2018
Given the information in the table above
 
  A) neither country has a comparative advantage in cloth.
  B) Home has a comparative advantage in widgets.
  C) Foreign has a comparative advantage in widgets.
  D) Home has a comparative advantage in both cloth and widgets.
  E) neither country has a comparative advantage in widgets.

Question 2

What is pricing to market? Where is it most prevalent?
 
  What will be an ideal response?


Tonny

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

Pricing to market is the practice of adjusting export prices in response to exchange rate changes so as to limit changes in the prices paid by importers. This behavior has been found to be generally increasing and especially prevalent amongst Japanese and German exporters.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

segrsyd

  • Hero Member
  • *****
  • Posts: 530
Reply #2 on: Jun 30, 2018
Thank you


Tonny

  • Sr. Member
  • ****
  • Posts: 341
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Table Salt Table Salt
One version of a bump cap is a molded plastic insert worn inside a regular cloth cap. One version of a bump cap is a molded plastic insert worn inside a regular cloth cap.
Milk Label Containing Information about the Use of rBGH Milk Label Containing Information about the Use of rBGH
Look at Table 4.2.2. Consumers learn that the rubber ducks wear out batteries quickly. As a ... Look at Table 4.2.2. Consumers learn that the rubber ducks wear out batteries quickly. As a ...
Table salt (NaCl) molecules dissolving in water, resulting in Na+ and Cl– ions surrounded by ... Table salt (NaCl) molecules dissolving in water, resulting in Na+ and Cl– ions surrounded by ...
Hardy–Weinberg Mating Table for Two Alleles of an Autosomal Gene Hardy–Weinberg Mating Table for Two Alleles of an Autosomal Gene
Video: Electrocardiogram Examination

For a complete list of videos, visit our video library