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

Author Question: Countries should specialize and import goods in which they have a comparative disadvantage. a. True ... (Read 57 times)

Pea0909berry

  • Hero Member
  • *****
  • Posts: 573
Countries should specialize and import goods in which they have a comparative disadvantage.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following is not a result of a U.S. tariff on foreign autos?
 a. increase the price of imported autos
 b. increase the price of domestic autos
 c. decrease the quantity of foreign autos purchased by U.S. consumers
  d. decrease the quantity of domestic autos purchased by U.S. consumers



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sierramartinez

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

True

Answer to Question 2

d





 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

For a complete list of videos, visit our video library