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Author Question: Static gains from trade come about because trade causes consumers and producers to face a different ... (Read 141 times)

stock

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on: Jun 30, 2018
Static gains from trade come about because trade causes consumers and producers to face a different set of prices.
 
  Indicate whether the statement is true or false

Question 2

In the specific factors model, the effects of trade on welfare are ________ for mobile factors, ________ for fixed factors used to produce the exported good, and ________ for fixed factors used to produce the imported good.
 
  A) ambiguous; positive; negative
  B) ambiguous; negative; positive
  C) positive; ambiguous; ambiguous
  D) negative; ambiguous; ambiguous
  E) positive; positive; positive


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amcvicar

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

TRUE

Answer to Question 2

A


stock

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Reply 2 on: Jun 30, 2018
Excellent

kishoreddi

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

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