« previous next »

Author Question: According to the factor price equalization theorem, if country B is labor abundant, then if country ... (Read 82 times)

ap345

  • Hero Member
  • *****
  • Posts: 537
on: Jun 30, 2018
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
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

ap345

  • Hero Member
  • *****
  • Posts: 537
Reply #2 on: Jun 30, 2018
Thank you


dmurph1496

  • Sr. Member
  • ****
  • Posts: 343
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

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?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
Indentured Labor from Asia Indentured Labor from Asia
Platelet-activating factor Platelet-activating factor
Labor Labor
How to visualize division in the Odds form of Bayes's Theorem? How to visualize division in the Odds form of Bayes's Theorem?
Age is the leading risk factor for cancer Age is the leading risk factor for cancer
Video: Contraction cycle of a sarcomere

For a complete list of videos, visit our video library