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Author Question: A country can benefit by indulging in international trade when: a. it produces a good in which it ... (Read 23 times)

soccerdreamer_17

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on: Jun 30, 2018
A country can benefit by indulging in international trade when:
 a. it produces a good in which it has absolute disadvantage.
  b. it produces a good in which its trading partner has an absolute advantage.
  c. it produces a good in which it has comparative advantage.
  d. it produces all the goods which are supported by its resources.
  e. it produces nothing and merely depends on foreign imports.

Question 2

The tendency of those who are insured to take more risks as a result is a problem of:
 a. free riding.
 b. moral hazard.
 c. adverse selection.
 d. positive externalities.


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hugthug12

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

c

Answer to Question 2

b


soccerdreamer_17

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Liamb2179

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Reply 3 on: Yesterday
Excellent

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