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 51 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
Thanks for the timely response, appreciate it

frankwu0507

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

There are more bacteria in your mouth than there are people in the world.

The four ways in which animals exchange heat with the environment are radiation, evaporation, convec The four ways in which animals exchange heat with the environment are radiation, evaporation, convec
Regulation of heat exchange in the skin. Regulation of heat exchange in the skin.
Comparative sizes of the Earth and the Moon Comparative sizes of the Earth and the Moon
Conduction and gas exchange structures and functions. Conduction and gas exchange structures and functions.
Soils support plant growth through ion exchange Soils support plant growth through ion exchange
Exchange of Oxygen and Carbon Dioxide Exchange of Oxygen and Carbon Dioxide
Video: Digestive System Animation

For a complete list of videos, visit our video library