This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: One of the outcomes of the Uruguay Round is the formation of the World Trade Organization now sets ... (Read 102 times)

Zulu123

  • Hero Member
  • *****
  • Posts: 525
on: Jun 30, 2018
One of the outcomes of the Uruguay Round is the formation of the World Trade Organization now sets new trade rules and has more power than the old GATT to enforce the rules it sets.
 
  Indicate whether the statement is true or false

Question 2

If the autarky price of S (in terms of T) were lower in country A than in country B,
 
  A) A has a comparative advantage in S.
  B) B has a comparative advantage in T.
  C) A has a comparative disadvantage in T.
  D) All of the above.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jackie

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 30, 2018
Answer to Question 1

TRUE

Answer to Question 2

D


Zulu123

  • Member
  • Posts: 525
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

olderstudent

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

The levels of biological organization The levels of biological organization
Routes for the human colonization of the New World and Pacific islands. Routes for the human colonization of the New World and Pacific islands.
Normal artery versus plaque formation Normal artery versus plaque formation
A History of the World's Religions A History of the World's Religions
World Mean Sea-Level Temperatures in July World Mean Sea-Level Temperatures in July
General mechanism of egg formation in animals General mechanism of egg formation in animals
Video: Bacteriophage (Virus) - Mice Experiment

For a complete list of videos, visit our video library