This topic contains a solution. Click here to go to the answer

Author Question: When production does not proceed on the basis of comparative advantage, resources are expended on ... (Read 121 times)

DyllonKazuo

  • Hero Member
  • *****
  • Posts: 565
When production does not proceed on the basis of comparative advantage, resources are expended on their most efficient uses.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The world output is higher if the countries follow restrictive trade policies rather than free trade.
 a. True
  b. False
  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

mochi09

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

False

Answer to Question 2

False




DyllonKazuo

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


amcvicar

  • Member
  • Posts: 341
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

For a complete list of videos, visit our video library