« previous next »

Author Question: Which of the following statements is true regarding the assumptions of the absolute and comparative ... (Read 288 times)

imowrer

  • Hero Member
  • *****
  • Posts: 514
on: Jul 7, 2018
Which of the following statements is true regarding the assumptions of the absolute and comparative advantage theories?
 
  A) The theories assume that there are many number of countries engaged in the production and consumption of just two goods.
  B) The theories assume that there are additional costs for transporting traded goods from one country to another.
  C) The theories assume labor to be the only resource used in the production process.
  D) The theories assume that specialization in the production of one particular good results in gains in efficiency.

Question 2

Excessive bureaucracy is usually associated with ________.
 
  A) strong legal framework
  B) low country risk
  C) lack of transparency
  D) low trade barriers


perkiness

  • Sr. Member
  • ****
  • Posts: 348
Reply #1 on: Jul 7, 2018
Answer to Question 1

C

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Steric relationship of the stereoisomers of alanine to the absolute configuration of L Steric relationship of the stereoisomers of alanine to the absolute configuration of L
True Forget-Me-Not True Forget-Me-Not
Which of the following statements is true of linkage? Which of the following statements is true of linkage?
Ratings of Perceived Contradictions in Political Statements Ratings of Perceived Contradictions in Political Statements
Comparative substrate cycles in glycolysis/gluconeogenesis Comparative substrate cycles in glycolysis/gluconeogenesis
How to convert verbal statements into algebraic equations (Part 1) How to convert verbal statements into algebraic equations (Part 1)
Video: Hormonal regulation of pregnancy - weeks 17 through 38

For a complete list of videos, visit our video library