Author Question: In a two-country, two-product world, the statement Germany enjoys a comparative advantage over ... (Read 59 times)

michelleunicorn

  • Hero Member
  • *****
  • Posts: 565
In a two-country, two-product world, the statement Germany enjoys a comparative advantage over France in autos relative to ships is equivalent to
 
  A) France having a comparative advantage over Germany in ships.
  B) France having a comparative disadvantage compared to Germany in autos and ships.
  C) Germany having a comparative advantage over France in autos and ships.
  D) France having no comparative advantage over Germany.
  E) France should produce autos.

Question 2

The United States became a net international debtor in 1985 for the first time since World War I.
 
  Indicate whether the statement is true or false



ciecieme

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

A

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

ciecieme

  • Sr. Member
  • ****
  • Posts: 331

 

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

For a complete list of videos, visit our video library