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Author Question: Operation on the basis of comparative advantages implies which of the following? (a) Countries ... (Read 55 times)

Beheh

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on: Jun 30, 2018
Operation on the basis of comparative advantages implies which of the following?
 
  (a) Countries allocate their resources across all sectors regardless of opportunity costs.
  (b) Countries will specialize even if they can produce everything.
  (c) Countries not efficient in any production should not trade.
  (d) none of the above.

Question 2

Regional specialization did not emerge in the colonies due to the small size of the cities and towns.
 
  Indicate whether the statement is true or false


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cuttiesgirl16

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Reply #1 on: Jun 30, 2018
Answer to Question 1

(b)

Answer to Question 2

False


Beheh

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Reply 2 on: Jun 30, 2018
Wow, this really help

softEldritch

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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