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

Author Question: The fundamental force driving international trade is comparative _______. A. advantage: a country ... (Read 132 times)

meagbuch

  • Hero Member
  • *****
  • Posts: 568
on: Jun 29, 2018
The fundamental force driving international trade is comparative _______.
 
  A. advantage: a country exports those goods that have high prices
  B. abundance: the country that produces more than it needs exports the good
  C. advantage: the country with the lower opportunity cost of production exports the good
  D. cost: a country trades with other countries that produce cheaper goods

Question 2

If the Fed decided to reverse its policy actions implemented during the heart of the recession, the Fed would be acting to try to prevent
 
  A) an increase in deflation. B) a decrease in unemployment.
  C) an increase in inflation. D) an increase in unemployment.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aruss1303

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 29, 2018
Answer to Question 1

C Trade according to comparative advantage maximizes the gains from trade.

Answer to Question 2

C


meagbuch

  • Hero Member
  • *****
  • Posts: 568
Reply #2 on: Jun 29, 2018
Correct answers!


aruss1303

  • Sr. Member
  • ****
  • Posts: 314
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

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?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

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?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Balancing selection and heterozygote advantage. Balancing selection and heterozygote advantage.
Comparative features of blood vessels. Comparative features of blood vessels.
NANDA international nursing diagnosis 1 NANDA international nursing diagnosis 1
Pressure gradient force Pressure gradient force
Growth of World Trade, 1870–2010 Growth of World Trade, 1870–2010
Steady State in the Two-Country Model Steady State in the Two-Country Model
Video: Component of feedback systems & Communication and regulation of body systems

For a complete list of videos, visit our video library