« previous next »

Author Question: According to strategic trade policy, international trade largely involves firms which: a. enjoy ... (Read 410 times)

jasdeep_brar

  • Hero Member
  • *****
  • Posts: 569
on: Jun 30, 2018
According to strategic trade policy, international trade largely involves firms which:
 a. enjoy monopolistic power in the domestic market.
  b. has a high initial cost of production.
  c. pursues economies of scale.
  d. experiences diseconomies of scale.
  e. generates adequate employment in the domestic economy.

Question 2

One country will have a comparative advantage over another if its production possibilities
 a. frontier is higher.
 b. curve has a different slope.
 c. curve lies closer to the origin.
 d. curve lies farther from the origin.


31809pancho

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Ivory trade in East Africa during the 1880s and 1890s Ivory trade in East Africa during the 1880s and 1890s
Atlantic Slave Trade, 1451–1870 Atlantic Slave Trade, 1451–1870
For ice massage, ice is frozen in a cylindrical container or a paper cup (A). The top half of the cu For ice massage, ice is frozen in a cylindrical container or a paper cup (A). The top half of the cu
The paper test involves holding a piece of paper near the tailpipe of an idling engine. A good ... The paper test involves holding a piece of paper near the tailpipe of an idling engine. A good ...
The fiscal policy to counter an inflationary gap is a(n) The fiscal policy to counter an inflationary gap is a(n)
International Business Management International Business Management
Video: System organization - PPM system types (Somatic, Autonomic & Enteric) and Reflex arc types

For a complete list of videos, visit our video library