This topic contains a solution. Click here to go to the answer

Author Question: A less costly alternative to protection of national defense industries would be a production ... (Read 102 times)

kamilo84

  • Sr. Member
  • ****
  • Posts: 495
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jaymee143

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

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

Answer to Question 2

C





 

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

For a complete list of videos, visit our video library