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 87 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?

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.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

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
David P. Bradley (White Earth Oijbwe, and Mdewakaton Dakota), Indian Country Today. David P. Bradley (White Earth Oijbwe, and Mdewakaton Dakota), Indian Country Today.
Stressing that education reproduces a country’s social class system, conflict theorists point out ... Stressing that education reproduces a country’s social class system, conflict theorists point out ...
Age-standardized disability-adjusted life year (DALY) rates from hepatitis B by country (per 100 000 ... Age-standardized disability-adjusted life year (DALY) rates from hepatitis B by country (per 100 000 ...
Project Management: Achieving Competitive Advantage, 5th Edition Project Management: Achieving Competitive Advantage, 5th Edition
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 ...
Video: Sickle Cell Anemia

For a complete list of videos, visit our video library