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 90 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
Thanks for the timely response, appreciate it

jojobee318

  • Member
  • Posts: 298
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

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
Countries with the Greatest Oil Reserves Countries with the Greatest Oil Reserves
The “Infertility Belt” In certain countries in Central Africa, infertility rates are as high as 30% The “Infertility Belt” In certain countries in Central Africa, infertility rates are as high as 30%
A downward-sloping spark line usually indicates high secondary ignition system resistance or an ... A downward-sloping spark line usually indicates high secondary ignition system resistance or an ...
Family interactive style predicts academic achievement in high school Family interactive style predicts academic achievement in high school
Age structure for three countries (China) Age structure for three countries (China)
Video: Role of the urinary system - acidosis and alkalosis

For a complete list of videos, visit our video library