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

Author Question: Consider trade between country A and country B. If country A has wages that are substantially less ... (Read 180 times)

agstelzer01

  • Full Member
  • ***
  • Posts: 126
on: Oct 12, 2022
Consider trade between country A and country B. If country A has wages that are substantially less than those in country B,
◦ country B will import from A but will not be able to export to country A.
◦ country B will benefit by placing tariffs on imports from country A.
◦ the pattern of comparative advantage will depend also on the relative productivities of labour in the two countries.
◦ country A will not have to subsidize its export industries.
◦ country A will have an absolute advantage over country B.
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 agstelzer01 on Oct 12, 2022

ekattan2

  • Full Member
  • ***
  • Posts: 151
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


agstelzer01

  • Member
  • Posts: 126
Reply 2 on: Oct 12, 2022
Excellent

xiazhe

  • Member
  • Posts: 331
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

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.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Atlantic Slave Trade, 1451–1870 Atlantic Slave Trade, 1451–1870
Colonial Trade with England, 1700–1774 Colonial Trade with England, 1700–1774
Energy Use by Different Country Groups Energy Use by Different Country Groups
Growth of World Trade, 1870–2010 Growth of World Trade, 1870–2010
Flexible exchange rates are supposed to prevent long-term trade deficits. Flexible exchange rates are supposed to prevent long-term trade deficits.
The price of rice in a small country is currently $6 per pound. In order to help low-income ... The price of rice in a small country is currently $6 per pound. In order to help low-income ...
Video: Smoking Cessation

For a complete list of videos, visit our video library