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

Author Question: Consider the following information about the production of two goods, X and Y, in two countries, A ... (Read 28 times)

joe3899

  • Full Member
  • ***
  • Posts: 123
on: Oct 12, 2022
Consider the following information about the production of two goods, X and Y, in two countries, A and B:

•In Country A it takes Xa units of resources to produce one unit of X and Ya units of resources
 to produce one unit of Y.
•In Country B it takes Xb units of resources to produce one unit of X and Yb units of resources
 to produce one unit of Y.
•Assume the amount of resources used to produce the goods in the two countries can be
 compared unambiguously.

TABLE 19-1

Refer to Table 19-1. There is no scope for gains from trade due to specialization between the two countries if
◦ (Xa/Ya) is greater than (Xb/Yb).
◦ (Xa/Ya) is equal to (Xb/Yb).
◦ Xa is less than Yb and Ya is less than Yb.
◦ Xa is equal to Yb.
◦ Xa is less than Xb.
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 joe3899 on Oct 12, 2022

hariet5

  • Full Member
  • ***
  • Posts: 157
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


joe3899

  • Member
  • Posts: 123
Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

EAN94

  • Member
  • Posts: 307
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Head impact during sports may reduce ability to acquire new information Head impact during sports may reduce ability to acquire new information
Laboratory Requisition Information Laboratory Requisition Information
The WISER entry for hydrogen cyanide (bottom). Useful information includes detailed health ... The WISER entry for hydrogen cyanide (bottom). Useful information includes detailed health ...
Fluency with Information Technology: Skills, Concepts, and Capabilities Fluency with Information Technology: Skills, Concepts, and Capabilities
Structures of Voice Production Structures of Voice Production
The flow of genetic information The flow of genetic information
Video: What Are Carbohydrates? Importance of Carbs & High Carb Food

For a complete list of videos, visit our video library