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

Author Question: The more homogeneous goods are, the more we expect the law of one price to hold. Indicate whether ... (Read 76 times)

melly21297

  • Hero Member
  • *****
  • Posts: 565
on: Jun 30, 2018
The more homogeneous goods are, the more we expect the law of one price to hold.
 
  Indicate whether the statement is true or false

Question 2

Refer to the table above. Country A has a comparative advantage in
 
  A) beer.
  B) wine.
  C) both beer and wine.
  D) neither beer nor wine.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

trog

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 30, 2018
Answer to Question 1

TRUE
Explanation: It is expected to hold better for homogeneous goods.

Answer to Question 2

A


melly21297

  • Member
  • Posts: 565
Reply 2 on: Jun 30, 2018
Gracias!

parker125

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

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.

The football hold. The football hold.
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
Apply draining stroke to forearm. Hold forearm off of the table with one hand. With the other hand, ... Apply draining stroke to forearm. Hold forearm off of the table with one hand. With the other hand, ...
Traction neck with head in neutral position. With recipient’s face directly up, hold head at ... Traction neck with head in neutral position. With recipient’s face directly up, hold head at ...
DRAMA - Don't Hold Back (Official Video) DRAMA - Don't Hold Back (Official Video)
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Video: A Human Karyotype Preparation Animation

For a complete list of videos, visit our video library