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Author Question: Refer to Table 2-4. Which of the following statements is true? A) George has an absolute ... (Read 70 times)

colton

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on: Jun 29, 2018
Refer to Table 2-4. Which of the following statements is true?
 
  A) George has an absolute advantage in both tasks.
  B) Jack has an absolute advantage in both tasks.
  C) Jack has an absolute advantage in lawn mowing and George in garden cultivating.
  D) Jack has an absolute advantage in garden cultivating and George in lawn mowing.

Question 2

An increase in capital inflows will
 
  A) increase the equilibrium exchange rate. B) increase net foreign investment.
  C) increase capital outflows. D) decrease capital outflows.


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shaikhs

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


colton

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

peter

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Reply 3 on: Yesterday
Excellent

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