This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Most theories of comparative advantage explain trade patterns due to international differences in ... (Read 153 times)

frankwu

  • Hero Member
  • *****
  • Posts: 549
on: Jun 30, 2018
Most theories of comparative advantage explain trade patterns due to international differences in
 
  A) demand conditions.
  B) supply conditions.
  C) demand and supply conditions.
  D) tariffs.

Question 2

Suppose the United States' production possibility frontier was flatter to the widget axis, whereas Germany's was flatter to the butter axis. We now learn that the German mark sharply depreciates against the U.S. dollar. We now know that
 
  A) the United States has no comparative advantage
  B) Germany has a comparative advantage in butter.
  C) the United States has a comparative advantage in butter.
  D) Germany has a comparative advantage in widgets.
  E) Germany has lost its comparative advantage.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zhanghao

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


frankwu

  • Member
  • Posts: 549
Reply 2 on: Jun 30, 2018
Gracias!

cici

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Left: This web was woven by a 17-day-old spider, showing regular patterns. Right: This web was woven Left: This web was woven by a 17-day-old spider, showing regular patterns. Right: This web was woven
Although the highest rates of disordered eating patterns occur among females, males are not immune Although the highest rates of disordered eating patterns occur among females, males are not immune
International space station International space station
Explain the assumptions that must be satisfied in order to validly use the one-way ANOVA ... Explain the assumptions that must be satisfied in order to validly use the one-way ANOVA ...
New patterns of gene expression can be generated by overlapping regions containing two different gen New patterns of gene expression can be generated by overlapping regions containing two different gen
Conservation of organization and patterns of expression in Hox genes Conservation of organization and patterns of expression in Hox genes
Video: Condensation and Hydrolysis Animation

For a complete list of videos, visit our video library