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 49 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?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

For a complete list of videos, visit our video library