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Author Question: Assume the following conditions: In the United States it takes 4 units of resources to produce a ton ... (Read 51 times)

schs14

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on: Jul 7, 2018
Assume the following conditions: In the United States it takes 4 units of resources to produce a ton of potatoes and 5 to produce a ton of coal. In Canada it takes 6 units of resources to produce a ton of potatoes and 10 to produce a ton of coal.
 
  According to the theory of comparative advantage, ________.
  A) there would be no basis for trade
  B) the United States should import potatoes from Canada and export coal to Canada
  C) the United States should export both potatoes and coal to Canada
  D) the United States should export potatoes to Canada and import coal from Canada

Question 2

Most world trade takes place ________.
 
  A) between developed countries and developing countries
  B) among developed countries
  C) among developing countries
  D) between raw material exporters and manufacturing exporters
International Business ¦ Daniels, Radebaugh, Sullivan ¦ 16th Edition
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ApricotDream

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Reply #1 on: Jul 7, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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schs14

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Reply 2 on: Jul 7, 2018
YES! Correct, THANKS for helping me on my review

sultana.d

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Reply 3 on: Yesterday
:D TYSM

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