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

Author Question: Which of the following phenomena can be explained by the simple comparative advantage theory? (Read 62 times)

dollx

  • Hero Member
  • *****
  • Posts: 558
on: Apr 19, 2019

Question 1

An example of a(n) ________ comparative advantage is that some U.S. consumers prefer German beer over American beer because German beer has a reputation for tasting better.


◦ unwarranted
◦ acquired
◦ natural
◦ subsidized

Question 2

Which of the following phenomena can be explained by the simple comparative advantage theory?


◦ A country that has a vast amount of farmland tends to export agricultural goods.
◦ A country with little skilled labor tends to export highly technical goods.
◦ A country tends to import the goods that it can produce at a lower opportunity cost.
◦ A country imports and exports the same goods.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by dollx on Apr 19, 2019

heinisk01

  • Sr. Member
  • ****
  • Posts: 329
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.
Answer Preview
Only 39% of students answer this correctly


dollx

  • Hero Member
  • *****
  • Posts: 558
Reply #2 on: Apr 19, 2019
Thanks


heinisk01

  • Sr. Member
  • ****
  • Posts: 329
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

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 training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

MacArthur and Wilson's theory of island biogeography. MacArthur and Wilson's theory of island biogeography.
Richard Wrangham’s “female-bonded” theory of intergroup competition was highly influential in our un Richard Wrangham’s “female-bonded” theory of intergroup competition was highly influential in our un
Grace Service, a YMCA missionary, explained that these porters worked at the base of Mount Omei in S Grace Service, a YMCA missionary, explained that these porters worked at the base of Mount Omei in S
A Simple Demonstration of Osmosis A Simple Demonstration of Osmosis
The Cannon-Bard Theory of Emotion The Cannon-Bard Theory of Emotion
Cohesion–tension theory of water transport in vascular plants Cohesion–tension theory of water transport in vascular plants
Video: What are Taste Receptors? How Does it Work? Animation

For a complete list of videos, visit our video library