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 61 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?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

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.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Balancing selection and heterozygote advantage. Balancing selection and heterozygote advantage.
This modified model of Easton’s systems theory puts government decision makers as the source of pol This modified model of Easton’s systems theory puts government decision makers as the source of pol
KEEP IT SIMPLE! - Confused/Questions KEEP IT SIMPLE! - Confused/Questions
The clonal selection theory of the adaptive immune response The clonal selection theory of the adaptive immune response
Project Management: Achieving Competitive Advantage Project Management: Achieving Competitive Advantage
molecular orbital theory molecular orbital theory
Video: Anaphylaxis Animation

For a complete list of videos, visit our video library