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Author Question: A less costly alternative to protection of national defense industries would be a production ... (Read 117 times)

kamilo84

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on: Jun 30, 2018
A less costly alternative to protection of national defense industries would be a production subsidy.
 
  Indicate whether the statement is true or false

Question 2

Which of the following is FALSE about services trade for India and China?
 
  A) China exports more services than India does.
  B) India has a trade surplus in services.
  C) China has a trade surplus in services.
  D) India trades primarily information services and other business services.


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jaymee143

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

TRUE
Explanation: This generates the production deadweight cost without the consumption deadweight cost.

Answer to Question 2

C


kamilo84

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Reply #2 on: Jun 30, 2018
Thank you :)


jaymee143

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Reply #3 on: Jun 30, 2018
Happy to help you


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