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Author Question: The purpose of the ________ was to discourage imports and encourage exports, and thus keep the price ... (Read 97 times)

cherise1989

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on: Apr 19, 2019

Question 1

Suppose that the United States and Italy both produce wine and shoes. In the United States, wine sells for $10 a bottle and shoes sell for $40 a pair. In Italy, wine sells for 15 euros a bottle and shoes sell for 20 euros a pair. Given this information, trade will flow in both directions if the price of a dollar is between


◦ .5 and .75 euro.
◦ .67 and 2 euros.
◦ 1.5 and 2.5 euros.
◦ 2.0 and 3.0 euros.

Question 2

The purpose of the ________ was to discourage imports and encourage exports, and thus keep the price of food high.


◦ Banana Tax
◦ Soybean Wars
◦ Sugar Legislation
◦ Corn Laws
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by cherise1989 on Apr 19, 2019

Sammyo

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Reply #1 on: Apr 19, 2019
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.
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cherise1989

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

debra928

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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