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

Author Question: What are the determinants of a country's comparative advantage? What will be an ideal ... (Read 75 times)

luminitza

  • Hero Member
  • *****
  • Posts: 555
on: Jun 29, 2018
What are the determinants of a country's comparative advantage?
 
  What will be an ideal response?

Question 2

The demand curve for pizza in Foodieland is vertical. If a tax is imposed on each pizza bought, ________.
 
  A) the burden of the tax will fall entirely on the buyers
  B) the burden of the tax will fall entirely on the sellers
  C) the tax incidence on the sellers will be higher than that on the buyers
  D) the deadweight loss due to taxation will be large


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

connor417

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 29, 2018
Answer to Question 1

The determinants of a country's comparative advantage are:
a) Natural resources
b) Stocks of man-made resources
c) Technology
d) Education, work habits, and experience of the labor force
e) Relative abundance of labor and capital
f) Climate

Answer to Question 2

A


luminitza

  • Hero Member
  • *****
  • Posts: 555
Reply #2 on: Jun 29, 2018
Thank you


connor417

  • Sr. Member
  • ****
  • Posts: 329
Reply #3 on: Jun 29, 2018
No problemo


« previous next »
 

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Chapter 6 Comparative Gov pg. 1 quiz Chapter 6 Comparative Gov pg. 1 quiz
Like most world-changing inventions, the printing press of fifteenth-century Europe took advantage o Like most world-changing inventions, the printing press of fifteenth-century Europe took advantage o
Why did these young volunteers of the First Virginia Militia join the Confederate army in 1861? “It Why did these young volunteers of the First Virginia Militia join the Confederate army in 1861? “It
Comparative substrate cycles in glycolysis/gluconeogenesis Comparative substrate cycles in glycolysis/gluconeogenesis
Explain how it can be desirable from an intertemporal perspective for a country run a current ... Explain how it can be desirable from an intertemporal perspective for a country run a current ...
For the circuit in Figure 1, assume ideal diodes. The peak inverse voltage is approximately For the circuit in Figure 1, assume ideal diodes. The peak inverse voltage is approximately
Video: Calvin cycle (The light-independent reactions )

For a complete list of videos, visit our video library