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

Author Question: Assume the following conditions: In the United States it takes 4 units of resources to produce a ton ... (Read 16 times)

schs14

  • Hero Member
  • *****
  • Posts: 569
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ApricotDream

  • Sr. Member
  • ****
  • Posts: 336
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.
Answer Preview
Only 25% of students answer this correctly


schs14

  • Member
  • Posts: 569
Reply 2 on: Jul 7, 2018
Excellent

adammoses97

  • Member
  • Posts: 337
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

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?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Conditions for Eclipses Conditions for Eclipses
Personality differences in the United States Personality differences in the United States
Various types of integumentary conditions. (E) Melanoma. Various types of integumentary conditions. (E) Melanoma.
Common Oral Lesions/Conditions Associated with HIV Infections and Treatment Guidelines Common Oral Lesions/Conditions Associated with HIV Infections and Treatment Guidelines
Epiphyseal Plate in Long Bone Adolescent bone growth takes place along the epiphyseal plate Epiphyseal Plate in Long Bone Adolescent bone growth takes place along the epiphyseal plate
Survivorship curves for people in the United States in the early 20th and early 21st centuries Survivorship curves for people in the United States in the early 20th and early 21st centuries
Video: Griffith's experiments

For a complete list of videos, visit our video library