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Author Question: Comparative advantage explains why a nation will benefit from trade when: a. it exports more than ... (Read 81 times)

sc00by25

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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


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daiying98

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

d

Answer to Question 2

False


sc00by25

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

lcapri7

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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