Let Kj and Lj denote the capital and labor stocks of country j (j ...

[nelaaney]

Let Kj and Lj denote the capital and labor stocks of country j (j = A,B), then country A is said to be capital abundant relative to country B if
 
  A) KA > KB.
  B) KA/LA > KB/LB.
  C) LA < LB.
  D) All of the above.

Question 2

The Four Freedoms are an important goal of the
 
  A) Treaty of Rome.
  B) Single European Act.
  C) European Monetary System.
  D) Maastricht Treaty.
  E) European Free Trade Area.

[lgoldst9]

Answer to Question 1

B

Answer to Question 2

B

[nelaaney]

Excellent

[apple]

Gracias!