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

Author Question: What typically happens to imports as income and spending rise? What will be an ideal ... (Read 70 times)

DelorasTo

  • Hero Member
  • *****
  • Posts: 548
on: Jun 30, 2018
What typically happens to imports as income and spending rise?
 
  What will be an ideal response?

Question 2

The gains from trade rely on overall productivity (absolute advantage).
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lkanara2

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 30, 2018
Answer to Question 1

Imports increase. Consumers spend more, and some of that spending will be on goods from other countries.

Answer to Question 2

FALSE


DelorasTo

  • Member
  • Posts: 548
Reply 2 on: Jun 30, 2018
Wow, this really help

ashely1112

  • Member
  • Posts: 347
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Sources of income for U.S. population aged 65 and over. Sources of income for U.S. population aged 65 and over.
Sociologists use income, education, and occupational prestige to measure social class. For most ... Sociologists use income, education, and occupational prestige to measure social class. For most ...
Income per Capita versus Income of the Bottom Quintile Income per Capita versus Income of the Bottom Quintile
The Rise and Fall of Separation Anxiety The Rise and Fall of Separation Anxiety
Lone-parent household income and the degree of vulnerability Lone-parent household income and the degree of vulnerability
Under ideal conditions, a single cell of the bacterium E. coli would divide every 20 minutes to ... Under ideal conditions, a single cell of the bacterium E. coli would divide every 20 minutes to ...
Video: Congenital Heart Defects Animation

For a complete list of videos, visit our video library