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

Author Question: By implementing policies called for by the theory of comparative advantage, what is meant to happen ... (Read 29 times)

Alygatorr01285

  • Hero Member
  • *****
  • Posts: 564
By implementing policies called for by the theory of comparative advantage, what is meant to happen between the two countries?
 
  a. One country is able to out produce and sell more than the other country
  b. Production increases in one country while consumption decreases in the other
  c. Consumption drops in both countries while production remains constant
  d. Consumption increases in both countries

Question 2

Approximately what percentage of the clothing sold in the United States is manufactured elsewhere?
 
  a. 35 percent
  b. 50 percent
  c. 75 percent
  d. 98 percent



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

alexisweber49

  • Sr. Member
  • ****
  • Posts: 311
Answer to Question 1

d

Answer to Question 2

d




Alygatorr01285

  • Member
  • Posts: 564
Reply 2 on: Sep 4, 2018
Thanks for the timely response, appreciate it


gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

For a complete list of videos, visit our video library