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

Author Question: Two nations want to engage in trade but discover that one of them is more efficient in producing all ... (Read 55 times)

Tiffanyanne824

  • Full Member
  • ***
  • Posts: 142
on: Oct 12, 2022
Two nations want to engage in trade but discover that one of them is more efficient in producing all goods. In this case,
◦ no trade is possible.
◦ the more efficient country should produce all goods and export them.
◦ the less efficient country should engage in importation of goods only.
◦ the more efficient country should import all goods.
◦ each nation should export the good in which it has a comparative advantage.
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 Tiffanyanne824 on Oct 12, 2022

bobbbbb

  • Full Member
  • ***
  • Posts: 164
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 29% of students answer this correctly


Tiffanyanne824

  • Member
  • Posts: 142
Reply 2 on: Oct 12, 2022
Wow, this really help

Missbam101

  • Member
  • Posts: 341
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Atlantic Slave Trade, 1451–1870 Atlantic Slave Trade, 1451–1870
A photograph of Commodore Matthew Perry in 1855 juxtaposed with a Japanese portrait of him. When Per A photograph of Commodore Matthew Perry in 1855 juxtaposed with a Japanese portrait of him. When Per
The poverty of the Least Industrialized Nations carries over to their educational system. These ... The poverty of the Least Industrialized Nations carries over to their educational system. These ...
This label on a Toyota Camry hybrid shows the relative smog-producing emissions, but this does not ... This label on a Toyota Camry hybrid shows the relative smog-producing emissions, but this does not ...
Global Links: African Slave Trade Global Links: African Slave Trade
Fathers engage in physical play with infants more often than mothers do Fathers engage in physical play with infants more often than mothers do
Video: Fermentation pathways

For a complete list of videos, visit our video library