If the world terms of trade for a country are somewhere between ...

[D2AR0N]

If the world terms of trade for a country are somewhere between the domestic cost ratio of H and that of F, then
 
  A) country H but not country F will gain from trade.
  B) country H and country F will both gain from trade.
  C) neither country H nor F will gain from trade.
  D) only the country whose government subsidizes its exports will gain.
  E) country F but not country H will gain from trade.

Question 2

Security purchases in the United States by foreigners is
 
  A) a credit item in the current account.
  B) a debit item in the capital account.
  C) a credit item in the capital account.
  D) a debit item in the current account.

[carlsona147]

Answer to Question 1

B

Answer to Question 2

C

[D2AR0N]

Excellent

[irishcancer18]

TYSM