Theories of international economics from the 18th and 19th ...

[savannahhooper]

Theories of international economics from the 18th and 19th Centuries are
 
  A) not relevant to current policy analysis.
  B) only of moderate relevance in today's modern international economy.
  C) highly relevant in today's modern international economy.
  D) the only theories that actually relevant to modern international economy.
  E) not well understood by modern mathematically oriented theorists.

Question 2

The labor theory of value
 
  A) is what economists believe determines prices today.
  B) says that wages must always be greater than prices.
  C) says that the price of a good is determined by the amount of labor required to produce it.
  D) All of the above.

[dellikani2015]

Answer to Question 1

C

Answer to Question 2

C

[savannahhooper]

Excellent

[pratush dev]

TYSM