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Author Question: Refer to the table above. If each country were to reduce production of its comparative disadvantage ... (Read 76 times)

Mr3Hunna

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on: Jun 30, 2018
Refer to the table above. If each country were to reduce production of its comparative disadvantage good by 1 unit, world output of wine would rise by
 
  A) 1.5 units.
  B) 2 units.
  C) 3 units.
  D) 3.5 units.

Question 2

Purchasing power parity (PPP) measurements of income are a way to make international comparisons by correcting for national differences in
 
  A) unemployment.
  B) inflation.
  C) prices of goods and services.
  D) economic growth.
  E) government subsidies.


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DylanD1323

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

D

Answer to Question 2

C


Mr3Hunna

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

cpetit11

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Reply 3 on: Yesterday
Excellent

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