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

Author Question: A country will export wheat if, with no international trade, ______. A. it produces a surplus of ... (Read 25 times)

codyclark

  • Hero Member
  • *****
  • Posts: 538
on: Jun 29, 2018
A country will export wheat if, with no international trade, ______.
 
  A. it produces a surplus of wheat
  B. its opportunity cost of producing wheat is below the world price
  C. its domestic price of wheat exceeds the world price
  D. other countries have a shortage of wheat

Question 2

The Federal Reserve cut the federal funds rate seven times between September 2007 and March 2008. What event led the Fed to make these reductions in the federal funds rate?
 
  A) The chairman of the Federal Reserve System persuaded members of the Federal Open Market Committee to lower interest rates in order to reduce the price of oil in international markets.
  B) During this period there was a substantial reduction in the demand for housing.
  C) It was in response to reductions in the discount rate, which was also lowered seven times over the same time period.
  D) Several large investment banks failed during this time period.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ttt030911

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 29, 2018
Answer to Question 1

B If the opportunity cost of producing wheat is below the world price, the country has a comparative advantage in wheat pro-duction.

Answer to Question 2

B


codyclark

  • Member
  • Posts: 538
Reply 2 on: Jun 29, 2018
:D TYSM

FergA

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Independent assortment produces 50 percent recombinants Independent assortment produces 50 percent recombinants
NANDA international nursing diagnosis 1 NANDA international nursing diagnosis 1
A second jetliner approaches the south tower of the World Trade Center on September 11, 2001. The no A second jetliner approaches the south tower of the World Trade Center on September 11, 2001. The no
Renzo Piano Building Workshop, Aerial view of Kansai International Airport, Osaka, Japan. Renzo Piano Building Workshop, Aerial view of Kansai International Airport, Osaka, Japan.
International space station. International space station.
International space station International space station
Video: Epidural Hematoma

For a complete list of videos, visit our video library