Author Question: The Country of Rhozundia is blessed with rich copper deposits. The cost of copper produced (relative ... (Read 179 times)

Tazate

  • Hero Member
  • *****
  • Posts: 532
The Country of Rhozundia is blessed with rich copper deposits. The cost of copper produced (relative to the cost of widgets produced) is therefore very low. From this information we know that
 
  A) Rhozundia has a comparative advantage in copper.
  B) Rhozundia should import copper and export widgets.
  C) Rhozundia should export both widgets and copper.
  D) Rhozundia should invest in more in widget production.
  E) Rhozundia may or may not have a comparative advantage in copper.

Question 2

Which industry was first covered by a free trade agreement between Canada and the United States?
 
  What will be an ideal response?



abctaiwan

  • Sr. Member
  • ****
  • Posts: 355
Answer to Question 1

E

Answer to Question 2

Automobiles



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

For a complete list of videos, visit our video library