A nation will typically import those goods in which a. the nation has an absolute advantage. b.
Question:
A nation will typically import those goods in which
a. the nation has an absolute advantage.
b. the nation has a comparative advantage.
c. other nations have an absolute advantage.
d. other nations have a comparative advantage.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Assume that the matrices are partitioned conformably for block multiplication. Compute the products shown below. 0 ][ I -X I A C B D
-
Which of the networks in Problems 611 have Euler circuits? If a network can be traversed, show how A B D
-
Can you use the given information to determine that AB BC? Justify your answer. ACL BD, ADE = CDE A B D
-
In your hometown what system is used to price the publicly supplied water? Why was that pricing system chosen? Would you recommend an alternative?
-
Determine the magnetic and direction of the force on an electron traveling 8.75 X 105 m/s horizontally to the east in a vertically upward magnetic field of strength 0.75 T.
-
Mike is searching for a stock to include in his current stock portfolio. He is interested in Hi-Tech Inc.; he has been impressed with the companys computer products and believes that Hi-Tech is an...
-
What do you know about the mathematical value of the annual worth of a project under each of the following conditions? a. The present worth of the project is greater than 0 . b. The present worth of...
-
Perdon Corporation manufactures safes'large mobile safes, and large walkin stationary bank safes. As part of its annual budgeting process, Perdon is analyzing the profitability of its two products....
-
1. A Pleasant Evening with Delta "functions" Let's define the Dirac delta "function" 8(x) by the property for "well-behaved" functions f. [ (x)6(x) dx = (0), (a) Consider the family of box functions....
-
Suppose that in the United States, producing an aircraft takes 10,000 hours of labor and producing a shirt takes 2 hours of labor. In China, producing an aircraft takes 40,000 hours of labor and...
-
When Mateo and Sophia produce efficiently and make a mutually beneficial trade based on comparative advantage, a. Mateo mows more and Sophia washes more. b. Mateo washes more and Sophia mows more. c....
-
Outline the reasons for and against union participation in the planning of workplace restructuring.
-
6 . ( a ) Autoland wants to set up an automobile industry. The free trade price of an automobile is $ 8 0 0 0 and the imports of auto - components which go into the making of an automobile are...
-
Suppose you take out a 20-year mortgage for a house that costs $470,987. Assume the following: The annual interest rate on the mortgage is 5%. The bank requires a minimum down payment of 11% at the...
-
Three boilers have capacities of 200kr and 250kr. If 150, 000kg of coal are supplied to three boilers for 10 days. What is the capacity of the third boiler? A. 200kr C. 175k r B. 250k 9 D. 150k r
-
The weight of bags of ships has approximately normal distribution with mean 70 grams and standard deviation 9 grams Assume the lowest 2.5% of all weights are not suitable for sale What weights are...
-
Design the following columns : a. Square tied column. PD-300 k and PL-500k. fc-4000 psi and fy-60000 psi. Assume initial pg=2%. 10 points b. Round spiral column. P-550 k and Mu-550k-ft. f-4000 psi...
-
MedTech, Inc., manufactures and sells diagnostic equipment used in the medical profession. Its job costing system was designed using an activity-based costing approach. Direct materials and direct...
-
Before the latest financial crisis and recession, when was the largest recession of the past 50 years, and what was the cumulative loss in output over the course of the slowdown?
-
For the bottle maker whose cost curves are shown in Figure 6.6, find the profit-maximizing output level if bottles sell for $0.20 each. How much profit will this firm earn? What is the lowest price...
-
If bottles sell for 35 cents each, how many bottles should the company described in Table 6.2 produce each day? Data from Table 6.2 TABLE 6.2 Fixed, Variable, and Total Costs of Bottle Production...
-
Which of the following factors would affect a buyers reservation price for a given good or service: social influence, the price of the good, or the cost of producing the item?
-
1. Marble Arch in London is a monument with three arches - one large and two smaller. The smaller arches are each 3.66m high at their apex and 1.83 wide at the base. By modelling these arches as...
-
Show that - Mx+1 My Dx+1 Mx - My = Mx - My (1 + i)+9x- Mx+1 - My Dx+1 -1) Dx
-
A meteorologist believes that there is a relationship between the daily mean windspeed, w kn, and the daily mean temperature, t C. A random sample of 9 consecutive days is taken from past records...
Study smarter with the SolutionInn App