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

Author Question: International trade arises from A) absolute advantage. B) comparative advantage. C) importation ... (Read 180 times)

Themember4

  • Hero Member
  • *****
  • Posts: 538
on: Jun 29, 2018
International trade arises from
 
  A) absolute advantage.
  B) comparative advantage.
  C) importation duties.
  D) the advantage of execution.

Question 2

If the price elasticity of demand for peanut butter is 2.4, then peanut butter
 
  A) has an elastic demand.
  B) has an inelastic demand.
  C) has a unit elastic demand.
  D) is a normal good.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shaikhs

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


Themember4

  • Member
  • Posts: 538
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

peter

  • Member
  • Posts: 330
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Atlantic Slave Trade, 1451–1870 Atlantic Slave Trade, 1451–1870
Renzo Piano Building Workshop, International departures lounge, Kansai International Airport, Osaka, ... Renzo Piano Building Workshop, International departures lounge, Kansai International Airport, Osaka, ...
Region’s Culture in International Context Region’s Culture in International Context
Climate change by international treaty Climate change by international treaty
Controlling access to water in order to gain political and strategic advantage in Gaza Controlling access to water in order to gain political and strategic advantage in Gaza
International Business Management International Business Management
Video: Phases of the ovarian cycle

For a complete list of videos, visit our video library