Author Question: According to the factor price equalization theorem, if country B is labor abundant, then if country ... (Read 84 times)

ap345

  • Hero Member
  • *****
  • Posts: 537
According to the factor price equalization theorem, if country B is labor abundant, then if country B initiates trade with country A
 
  A) wages and rents should fall in A.
  B) rents and rents should rise in A.
  C) wages should rise and rents should fall in A.
  D) wages should fall and rents should rise in A.

Question 2

Which of the following is the treaty that took the participating countries from a free trade area to a common market?
 
  A) The Treaty of Rome
  B) The Maastricht Treaty
  C) Single European Act
  D) Treaty on European Union



dmurph1496

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

D

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

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?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

For a complete list of videos, visit our video library