This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Countries with high wages cannot export to low wage countries. Indicate whether the statement is ... (Read 95 times)

karen

  • Hero Member
  • *****
  • Posts: 537
on: Jun 30, 2018
Countries with high wages cannot export to low wage countries.
 
  Indicate whether the statement is true or false

Question 2

What is the main problem with rules of origin?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wuly

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 30, 2018
Answer to Question 1

FALSE
Explanation: Wages can be higher so long as productivity is at least as much higher.

Answer to Question 2

They increase transactions costs related to accounting process and to slowing trade at the border.


karen

  • Member
  • Posts: 537
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

An adult male giraffe feeding high up on an acacia An adult male giraffe feeding high up on an acacia
A very high-resolution texture of the Moon, including a normal map A very high-resolution texture of the Moon, including a normal map
Mononucleosis is caused by the Epstein–Barr virus. Symptoms of the infectious disease are swollen pa Mononucleosis is caused by the Epstein–Barr virus. Symptoms of the infectious disease are swollen pa
The Structure of an Old High-Mass Star The Structure of an Old High-Mass Star
Because of the high physical activity and the amount of energy expended by the brains of 2- to ... Because of the high physical activity and the amount of energy expended by the brains of 2- to ...
Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011 Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011
Video: Antidiuretic hormone (vasoconstriction, water reabsorption & sweat inhibition)

For a complete list of videos, visit our video library