This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Comparative advantage indicates that: a. specialization and exchange will cause trading partners to ... (Read 72 times)

Alainaaa8

  • Hero Member
  • *****
  • Posts: 576
on: Jun 30, 2018
Comparative advantage indicates that:
 a. specialization and exchange will cause trading partners to reduce their joint output.
  b. a nation can gain from trade even when it is at an absolute disadvantage in producing all goods.
  c. trade with low-wage countries will pull down the wages of workers in high-wage countries.
  d. all of these.

Question 2

Inflation psychosis and wage-price spirals are two types of hyperinflation.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shaquita

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

True


Alainaaa8

  • Member
  • Posts: 576
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

Missbam101

  • Member
  • Posts: 341
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Gas exchange Gas exchange
Controlling access to water in order to gain political and strategic advantage in Gaza Controlling access to water in order to gain political and strategic advantage in Gaza
The respiratory system and the process of gas exchange The respiratory system and the process of gas exchange
The nuclear envelope is studded with pores, which allow exchange of materials The nuclear envelope is studded with pores, which allow exchange of materials
Flexible exchange rates are supposed to prevent long-term trade deficits. Flexible exchange rates are supposed to prevent long-term trade deficits.
Forces affecting capillary exchange Forces affecting capillary exchange
Video: Chemical Synapse Animation

For a complete list of videos, visit our video library