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

Author Question: Suppose Canada could produce all goods and services more cheaply than all other countries. In that case, (Read 89 times)

Austinleez3

  • Full Member
  • ***
  • Posts: 158
on: Oct 12, 2022
Suppose Canada could produce all goods and services more cheaply than all other countries. In that case,
◦ no trade would occur because Canada would have an absolute advantage in producing everything.
◦ trade would probably take place because Canada would still have a comparative disadvantage in producing some goods.
◦ no trade would occur because Canada would not have a comparative advantage in producing anything.
◦ trade would occur but only if other countries also have an absolute advantage.
◦ trade would occur but only if other countries subsidize the import of Canadian goods and services.
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 Austinleez3 on Oct 12, 2022

hiyayyay

  • Full Member
  • ***
  • Posts: 204
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 50% of students answer this correctly


Austinleez3

  • Member
  • Posts: 158
Reply 2 on: Oct 12, 2022
Excellent

Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Examples of the most common X-ray positions and the images they produce. Examples of the most common X-ray positions and the images they produce.
Weak valve springs will produce a normal reading at idle, but as engine speed increases, the needle ... Weak valve springs will produce a normal reading at idle, but as engine speed increases, the needle ...
The breaking down of a sound—in this case, the sound of a clarinet—into its component sine waves ... The breaking down of a sound—in this case, the sound of a clarinet—into its component sine waves ...
Radioactive protection services record book and two badge-style dosimeters. Radioactive protection services record book and two badge-style dosimeters.
Newly Industrialized Countries Newly Industrialized Countries
Age structure for three countries (China) Age structure for three countries (China)
Video: Fertilization and Development

For a complete list of videos, visit our video library