This topic contains a solution. Click here to go to the answer

Author Question: As competition has become truly global, free trade has resulted in _____ across virtually every ... (Read 17 times)

biggirl4568

  • Hero Member
  • *****
  • Posts: 551
As competition has become truly global, free trade has resulted in _____ across virtually every product category.
 A) lower prices and lower quality
  B) higher prices and lower quality
  C) lower prices and higher quality
  D) higher prices and higher quality

Question 2

Because Saudi Arabia and Australia have ____, Saudi Arabia can specialize in the production of crude oil and petroleum products, and Australia can specialize in the production of wool.
 A) a company advantage
  B) an absolute advantage
  C) a comparative advantage
  D) an effective manufacturing system
  E) very low labor costs



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Meganchabluk

  • Sr. Member
  • ****
  • Posts: 301
Answer to Question 1

C

Answer to Question 2

B




biggirl4568

  • Member
  • Posts: 551
Reply 2 on: Jul 14, 2018
:D TYSM


shailee

  • Member
  • Posts: 392
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

For a complete list of videos, visit our video library