Author Question: As a result of trade between two countries which are of completely different economic sizes, ... (Read 37 times)

waynest

  • Hero Member
  • *****
  • Posts: 553
As a result of trade between two countries which are of completely different economic sizes, specialization in the Ricardian 2X2 model tends to
 
  A) be incomplete in both countries.
  B) be complete in both countries.
  C) be complete in the small country but incomplete in the large country.
  D) be complete in the large country but incomplete in the small country.
  E) sustain one countries economy in in direct proportion to the other.

Question 2

Interest earned on foreign holdings of U.S. federal, state and local government debt are recorded in the
 
  A) services account.
  B) merchandise account.
  C) transfers account.
  D) capital account.



ryhom

  • Sr. Member
  • ****
  • Posts: 366
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

For a complete list of videos, visit our video library