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Author Question: Export subsidies lead to lower prices of exportables for both domestic residents and foreigners. ... (Read 55 times)

karlynnae

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on: Jun 30, 2018
Export subsidies lead to lower prices of exportables for both domestic residents and foreigners.
 
  Indicate whether the statement is true or false

Question 2

Refer to the table above. You are told that Country B has no minimum wage or child labor laws. Now the correct answer is
 
  A) country B will export good S.
  B) country A will export good S.
  C) both countries will export good S.
  D) trade will not occur between these two countries.
  E) both countries will import good S.


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jaaaaaaa

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Reply #1 on: Jun 30, 2018
Answer to Question 1

FALSE
Explanation: Domestic prices rise.

Answer to Question 2

A


karlynnae

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

bulacsom

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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