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 67 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?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

For a complete list of videos, visit our video library