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

Author Question: If a nation has a comparative disadvantage in the production of some commodity, a. it can gain from ... (Read 26 times)

RODY.ELKHALIL

  • Hero Member
  • *****
  • Posts: 591
on: Jun 30, 2018
If a nation has a comparative disadvantage in the production of some commodity,
 a. it can gain from international trade in that commodity only if it has an absolute advantage in that commodity.
  b. it can still gain from international trade in that commodity, by getting it at a lower opportunity cost than if they produced it domestically.
  c. it cannot gain from international trade in the commodity.
 d. it cannot gain from international trade unless it has an absolute advantage in every other commodity.

Question 2

Which of the following statements is correct?
 a. The ideal solution to a pollution problem is to reduce pollution until it is technologically impossible to reduce it any further.
  b. The ideal and fair solution to a pollution problem is to impose identical compliance standards on all polluting firms.
  c. Charging firms for transferable emissions permits is a more efficient way of dealing with pollution than are compliance standards.
  d. A per-unit pollution tax is a more efficient way of dealing with pollution than is a system of transferable emissions permits.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mohan

  • Sr. Member
  • ****
  • Posts: 362
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


RODY.ELKHALIL

  • Hero Member
  • *****
  • Posts: 591
Reply #2 on: Jun 30, 2018
Correct answers!


mohan

  • Sr. Member
  • ****
  • Posts: 362
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

During the Pullman strike in Chicago, workers protesting wage cuts did $340,000 in property damage, During the Pullman strike in Chicago, workers protesting wage cuts did $340,000 in property damage,
The explosion of the Maine in Havana harbor, killing 260 men, caused much speculation in the newspap The explosion of the Maine in Havana harbor, killing 260 men, caused much speculation in the newspap
Production and Prices in Richland and Poorland Production and Prices in Richland and Poorland
Stem Cell Production Stem Cell Production
The Production of Cytotoxic T-lymphocytes (CTLs) The Production of Cytotoxic T-lymphocytes (CTLs)
Determination of the genotype of F2 plants by the production of F3 progeny Determination of the genotype of F2 plants by the production of F3 progeny
Video: The Lac Operon in E. Coli

For a complete list of videos, visit our video library