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

Author Question: Consider two countries that can produce rice and other products. If neither country has an absolute ... (Read 61 times)

tashina2013

  • Full Member
  • ***
  • Posts: 147
on: Oct 12, 2022
Consider two countries that can produce rice and other products. If neither country has an absolute advantage in the production of rice,
◦ neither country can possibly have a comparative advantage in the production of rice.
◦ the opportunity cost of producing rice must be identical in the two countries.
◦ there is no possibility that either country will import rice from the other.
◦ then rice should not be produced.
◦ rice will still be traded as long as one of the countries has a comparative advantage in its production.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by tashina2013 on Oct 12, 2022

dsd1212

  • Full Member
  • ***
  • Posts: 176
Reply #1 on: Oct 12, 2022
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 35% of students answer this correctly


tashina2013

  • Member
  • Posts: 147
Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

scikid

  • Member
  • Posts: 300
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Asymmetrical localization of gene products during egg development in Drosophila Asymmetrical localization of gene products during egg development in Drosophila
The Procedure Used to Produce Conditioned Emotional Responses The Procedure Used to Produce Conditioned Emotional Responses
For centuries, widows in the Mediterranean countries, such as thise widow in Greece, were expected ... For centuries, widows in the Mediterranean countries, such as thise widow in Greece, were expected ...
Active solar technologies use for heat, cool, and produce electricity Active solar technologies use for heat, cool, and produce electricity
Steady State in the Two-Country Model Steady State in the Two-Country Model
Salmon with rice and salad Salmon with rice and salad
Video: Dissociative Disorders (Part 3)

For a complete list of videos, visit our video library