Global warming, which causes unfavorable climatic changes due to ...

[DelorasTo]

Global warming, which causes unfavorable climatic changes due to the burning of fossil fuels, would be an example of a(n):
 a. positive externality.
 b. negative externality.
 c. internalized externality.
  d. Coase externality.

Question 2

Absolute advantage is irrelevant, because knowing the absolute number of labor hours required to produce a good does not tell us if we can benefit from trade.
 a. True
  b. False
  Indicate whether the statement is true or false

[heinisk01]

Answer to Question 1

b

Answer to Question 2

True

[DelorasTo]

Great answer, keep it coming

[bulacsom]

Thanks for the timely response, appreciate it