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Author Question: The infant industry argument is that A) comparative advantage is irrelevant to economic growth. ... (Read 22 times)

clmills979

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The infant industry argument is that
 
  A) comparative advantage is irrelevant to economic growth.
  B) developing countries have a comparative advantage in agricultural goods.
  C) developing countries have a comparative advantage in manufacturing.
  D) developing countries have a potential comparative advantage in manufacturing.
  E) developing countries have no chance to compete with industrialized countries.

Question 2

Given the information in the table above, Home's opportunity cost of widgets is
 
  A) 0.5.
  B) 2.0.
  C) 6.0.
  D) 1.5.
  E) 3.0.



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Li Jun

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Answer to Question 1

D

Answer to Question 2

B




clmills979

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


pangili4

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Reply 3 on: Yesterday
Excellent

 

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