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

Author Question: Comparative advantage explains why a nation will benefit from trade when: a. it exports more than ... (Read 91 times)

sc00by25

  • Hero Member
  • *****
  • Posts: 596
on: Jun 30, 2018
Comparative advantage explains why a nation will benefit from trade when:
 a. it exports more than it imports.
  b. its trading partners are experiencing offsetting losses.
  c. it exports goods for which it is a high-opportunity cost producer, while importing those for which it is a low-opportunity cost producer.
  d. it exports goods for which it is a low-opportunity cost producer, while importing those for which it is a high-opportunity cost producer.

Question 2

Cost-push inflation is caused by too much money chasing too few goods.
 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

daiying98

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

False


sc00by25

  • Member
  • Posts: 596
Reply 2 on: Jun 30, 2018
Excellent

raili21

  • Member
  • Posts: 324
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

How the law of segregation of alleles explains Mendel's observed ratios How the law of segregation of alleles explains Mendel's observed ratios
Balancing selection and heterozygote advantage. Balancing selection and heterozygote advantage.
Independent assortment of chromosomes at meiosis explains Mendel’s ratio Independent assortment of chromosomes at meiosis explains Mendel’s ratio
In 1790, as now, the most densely populated part of the nation was the coastal r In 1790, as now, the most densely populated part of the nation was the coastal r
Santiago Calatrava, Port Authority Trans Hudson (PATH) station, World Trade Center site. Santiago Calatrava, Port Authority Trans Hudson (PATH) station, World Trade Center site.
As Florida Goes, So Goes The Nation As Florida Goes, So Goes The Nation
Video: Polysaccharides

For a complete list of videos, visit our video library