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Author Question: By implementing policies called for by the theory of comparative advantage, what is meant to happen ... (Read 54 times)

Alygatorr01285

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By implementing policies called for by the theory of comparative advantage, what is meant to happen between the two countries?
 
  a. One country is able to out produce and sell more than the other country
  b. Production increases in one country while consumption decreases in the other
  c. Consumption drops in both countries while production remains constant
  d. Consumption increases in both countries

Question 2

Approximately what percentage of the clothing sold in the United States is manufactured elsewhere?
 
  a. 35 percent
  b. 50 percent
  c. 75 percent
  d. 98 percent



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alexisweber49

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Answer to Question 1

d

Answer to Question 2

d




Alygatorr01285

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Reply 2 on: Sep 4, 2018
Great answer, keep it coming :)


JaynaD87

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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