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

Author Question: The relative amounts of the goods that will be exchanged for each other in trade refers to the ... (Read 213 times)

mikaylakyoung

  • Hero Member
  • *****
  • Posts: 531
on: Jun 30, 2018
The relative amounts of the goods that will be exchanged for each other in trade refers to the nations'
 
  A) autarky status. B) absolute advantages.
  C) terms of trade. D) production possibilities.

Question 2

Refer to the figure above. What is the initial equilibrium wage rate and employment level?
 
  A) 60 and 20 units of labor B) 40 and 40 units of labor
  C) 50 and 40 units of labor D) 20 and 40 units of labor


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

anyusername12131

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

C


mikaylakyoung

  • Member
  • Posts: 531
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

ryhom

  • Member
  • Posts: 366
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

The human body produces and destroys 15 million blood cells every second.

Colonial Trade with England, 1700–1774 Colonial Trade with England, 1700–1774
A finger-stick is useful for obtaining small amounts of blood. A finger-stick is useful for obtaining small amounts of blood.
Indicators of Relative Economic Well-Being Indicators of Relative Economic Well-Being
The relative penetrating power of alpha, beta, and gamma radiation. Gamma and neutron radiation are ... The relative penetrating power of alpha, beta, and gamma radiation. Gamma and neutron radiation are ...
Flexible exchange rates are supposed to prevent long-term trade deficits. Flexible exchange rates are supposed to prevent long-term trade deficits.
Relative changes in distribution of sleep stages over the lifespan Relative changes in distribution of sleep stages over the lifespan
Video: Spinal Cord Injury Animation

For a complete list of videos, visit our video library