This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is true? i.When the world price of a good is lower than the price that ... (Read 43 times)

Shelles

  • Hero Member
  • *****
  • Posts: 582
on: May 24, 2019
Which of the following is true?
i.When the world price of a good is lower than the price that balances domestic supply and
demand, a country gains from exporting the good.
ii.Compared to a no-trade situation, in a market with imports, consumer surplus is larger.
iii.Quotas raise the domestic price of imported goods.

◦ only i
◦ only ii
◦ only iii
◦ i and ii
◦ ii and iii
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Shelles on May 24, 2019

peilian

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: May 24, 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.
Answer Preview
Only 39% of students answer this correctly


Shelles

  • Member
  • Posts: 582
Reply 2 on: May 24, 2019
:D TYSM

adf223

  • Member
  • Posts: 304
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Cyanobacteria of the (a) genus Synechococcus form (b) mats that line hot springs around the world. Cyanobacteria of the (a) genus Synechococcus form (b) mats that line hot springs around the world.
The lower respiratory tract The lower respiratory tract
Primates in the New World tend to be small-bodied compared to those elsewhere. Primates in the New World tend to be small-bodied compared to those elsewhere.
For ice massage, ice is frozen in a cylindrical container or a paper cup (A). The top half of the cu For ice massage, ice is frozen in a cylindrical container or a paper cup (A). The top half of the cu
A typical good oxygen sensor waveform as displayed on a digital storage oscilloscope. Look for ... A typical good oxygen sensor waveform as displayed on a digital storage oscilloscope. Look for ...
A History of the World's Religions A History of the World's Religions
Video: Skin Cancer

For a complete list of videos, visit our video library