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Author Question: The United States has a comparative advantage in the production of wheat, and Haiti has a ... (Read 109 times)

Lisaclaire

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on: Apr 19, 2019

Question 1

If Brazil has a comparative advantage in the production of coffee compared to the United States, then


◦ Brazil also has an absolute advantage in the production of coffee.
◦ the United States has an absolute advantage in the production of coffee.
◦ Brazil can produce coffee at a lower opportunity cost than the United States.
◦ the United States cannot produce coffee.

Question 2

The United States has a comparative advantage in the production of wheat, and Haiti has a comparative advantage in the production of sugar. If both countries specialize based on the theory of comparative advantage


◦ only the production of wheat will increase.
◦ the production and consumption of both goods will increase.
◦ only the production of both goods will increase.
◦ only the consumption of both goods will increase.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Lisaclaire on Apr 19, 2019

verrinzo

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Lisaclaire

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Reply #2 on: Apr 19, 2019
Thanks


verrinzo

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Reply #3 on: Apr 19, 2019
Welcome :)


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