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Author Question: When production does not proceed on the basis of comparative advantage, resources are expended on ... (Read 133 times)

DyllonKazuo

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When production does not proceed on the basis of comparative advantage, resources are expended on their most efficient uses.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The world output is higher if the countries follow restrictive trade policies rather than free trade.
 a. True
  b. False
  Indicate whether the statement is true or false



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mochi09

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Answer to Question 1

False

Answer to Question 2

False




DyllonKazuo

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


adammoses97

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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