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

Author Question: Trade is generally harmful if there are large disparities between countries in wages. A) This is ... (Read 29 times)

tingc95

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
Trade is generally harmful if there are large disparities between countries in wages.
 
  A) This is generally true.
  B) This is generally false.
  C) Trade theory has nothing to say about this issue.
  D) This is true if the trade partner ignores child labor laws.
  E) This is true if the trade partner uses prison labor.

Question 2

The only reason that exchange rates change is because overall price levels in the countries change.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

frejo

  • Sr. Member
  • ****
  • Posts: 349
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

FALSE
Explanation: Relative price changes, in addition to inflation, can change the exchange rates.


tingc95

  • Member
  • Posts: 556
Reply 2 on: Jun 30, 2018
Wow, this really help

bigsis44

  • Member
  • Posts: 317
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

A chuckwalla, Sauromalus ater. Chuckwallas are large herbivorous lizards living in the southwestern A chuckwalla, Sauromalus ater. Chuckwallas are large herbivorous lizards living in the southwestern
Worldwide Variations in Population and Income Levels Developed countries represent only 18% of the Worldwide Variations in Population and Income Levels Developed countries represent only 18% of the
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Do you know what that large object in the center of the photo is? In the 1920s, 30s, and 40s, ... Do you know what that large object in the center of the photo is? In the 1920s, 30s, and 40s, ...
The Clean Development Mechanism allows developed countries The Clean Development Mechanism allows developed countries
Video: What is Reverse Osmosis?

For a complete list of videos, visit our video library