Author Question: The fundamental force that drives international trade is A) absolute advantage. B) importation ... (Read 66 times)

bb · **on:** Jun 29, 2018

The fundamental force that drives international trade is

A) absolute advantage.
B) importation duties and tariffs.
C) export licenses.
D) comparative advantage.

Question 2

In 2008, Germany had a budget deficit of 37 billion euros. This deficit resulted in

A) a rightward shift of the supply of loanable funds curve.
B) a leftward shift of the demand for loanable funds curve.
C) a crowding out effect in which investment decreases.
D) the Ricardo-Barro effect and an increase in the interest rate.