« previous next »

Author Question: Identify a true statement about comparative advantage. A) It is the tendency of a country to choose ... (Read 44 times)

asan beg

  • Hero Member
  • *****
  • Posts: 570
on: Jul 14, 2018
Identify a true statement about comparative advantage.
 A) It is the tendency of a country to choose goods that have a higher opportunity cost compared to other countries.
  B) It stays the same regardless of the changes in the technology or workforce in a country.
  C) It is affected by major trade barriers to international trade.
  D) It always remains static for developing countries.

Question 2

The World Trade Organization was created by the
 A) Kennedy Round.
  B) United Nations.
  C) League of Nations.
  D) Tokyo Round.
  E) Uruguay Round.


firehawk60

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jul 14, 2018
Answer to Question 1

C

Answer to Question 2

E


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Comparative profiles of the lion and tiger. Comparative profiles of the lion and tiger.
The world attempted to deal with Somalia as if it were a real country but painfully learned that Som The world attempted to deal with Somalia as if it were a real country but painfully learned that Som
Example of an Explanation of Benefits statement. Example of an Explanation of Benefits statement.
GDP per Capita by Country Group, 1820–2008 GDP per Capita by Country Group, 1820–2008
Strategic Management and Competitive Advantage: Concepts and Cases, 6th Edition Strategic Management and Competitive Advantage: Concepts and Cases, 6th Edition
Video: Endocytosis - pinocytosis, receptor mediated and Transcytosis

For a complete list of videos, visit our video library