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

Author Question: One of the outcomes of the Uruguay Round is the formation of the World Trade Organization now sets ... (Read 97 times)

Zulu123

  • Hero Member
  • *****
  • Posts: 525
on: Jun 30, 2018
One of the outcomes of the Uruguay Round is the formation of the World Trade Organization now sets new trade rules and has more power than the old GATT to enforce the rules it sets.
 
  Indicate whether the statement is true or false

Question 2

If the autarky price of S (in terms of T) were lower in country A than in country B,
 
  A) A has a comparative advantage in S.
  B) B has a comparative advantage in T.
  C) A has a comparative disadvantage in T.
  D) All of the above.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jackie

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 30, 2018
Answer to Question 1

TRUE

Answer to Question 2

D


Zulu123

  • Member
  • Posts: 525
Reply 2 on: Jun 30, 2018
:D TYSM

chjcharjto14

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

In reaction 1, the formation of glucose 6-phosphate from glucose and inorganic phosphate In reaction 1, the formation of glucose 6-phosphate from glucose and inorganic phosphate
A Thirsty World A Thirsty World
World Distribution of Temperature World Distribution of Temperature
World Climates—An Overview World Climates—An Overview
The World's Religions (4th Edition) The World's Religions (4th Edition)
Eye formation on the leg of a fly Eye formation on the leg of a fly
Video: Structure of a Ribosome

For a complete list of videos, visit our video library