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Author Question: In a two-country, two-product world, the statement Germany enjoys a comparative advantage over ... (Read 64 times)

michelleunicorn

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on: Jun 30, 2018
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

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

A

Answer to Question 2

TRUE


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michelleunicorn

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Reply #2 on: Jun 30, 2018
Correct answers!


ciecieme

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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