Question: please answer ASAP Question 37 2.5 points Save Answer Assume, for Vietnam, that the domestic price of textiles without international trade is lower than the

please answer ASAP

Question 37 2.5 points Save Answer Assume, for Vietnam, that the domestic price of textiles without international trade is lower than the world price of textiles. This suggests that, In the production of textiles, other countries have a comparative advantage over Vietnam and Vietnam will Import textiles. O other countries have a comparative advantage over Vietnam and Vietnam will export textiles. O Vietnam has a comparative advantage over other countries and Vietnam will Import textiles. Vietnam has a comparative advantage over other countries and Vietnam will export textiles

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Please answer this question: Are plant-based meat substitute products just a fad? Also, how likely is it that a large percentage of the worlds population will switch from eating animal meats to...

QUESTION 1 4 points Save Answer Which of the following is not a characteristic of the structure of perfectly competitive markets? A Homogeneous product. A, Few sellers. A, Easy, low cost entry and...

Please answer the question below. You need to read the imaginary case Tesla-motorcycles in order to answer the questions. -What are the primary components of Tesla Motorcycles value chain? The answer...

please help me to answer those questions. QUESTION 7 An import quota a. reduces the welfare of domestic producers. O b. is preferable to a tariff since an import quota does not create a deadweight...

Please answer the question based on the case: The Future of the Autonomous Automobile: A Strategy for BMW 1) How should BMW define the opportunity space and what is its resulting market? What is the...

Please answer this question.. Very easy. -What sources of value most plausibly account for the differences between buyer and seller? -Structure and execute a discounted cash flow valuation of all of...

Ul Quiput that an economy wants to produce. Question 33 (1 point) Assume, for India, that the domestic price of copper without international trade is lower than the world pri copper. This suggests...

Hello, this is a university assignment. Please answer the question between 250 and 300 words. Question: Evaluate the post-acquisition integration methods that CVS uses to create an integrated...

(Each question is 25 points) 1. Home's demand curve for wheat is Qd = 160 - 40P. Home supply curve is Qs = 40P. Foreign, which has a demand curve Qd* = 150 - 20P*. Foreign supply curve is Qs* = 30P*....

please help with below question as per the attached article on Using Supply Chain Analysis to Examine the Costs of NonTariff Measures (NTMs) : Michael J Ferrantino, WTO 1. Critically examine the...

How do you maintain accounting accuracy?

Find the transmission parameters for two port network and then find I0 using the terminal conditions.

For a vacation home, where the taxpayer engages in repair and maintenance on a substantially full - time basis for any day, the IRS may not treat the dwelling unit as being used for personal use by...

The emission spectrum below for a one-electron (hydrogen-like) species in the gas phase shows all the lines, before they merge together, resulting from transitions to the first excited state from...

how to solve this question to get these result the values of the magletic dipole expected from the shell model, uld compare the experimental values: Nuclide 87SE 147Eu 11 T +0.510 -1.093 1.304 +5.34...

Solve the following systems of equations using MATLAB You will need to work out A and b for each system a. 3x + y = 11 x + 4y = 11 Ax = b x = Ab Once you have identified A and b you can solve in...

please solve all parts using Matlab 1) 2) 3) 4) 5) Write a function my trace to compute the trace of a matrix Write a function my sum to sum all the elements of a matrix Write a function sum rows to...

equipment that cost $103000 and on which $54000 of accumulated depreciation has been recorded was disposed of for $57500 cash. The entry to record this event would include a... a. gain of $8500 b....

Sox Engineering designs and coratus air conditioning and healing Cystem for hokital and circuitos staffin weed with design work he design we pray for completing the one 113.000 per week in de will...

11. Based on the following rules regarding the confidence we have in information in a communication context, find examples from your everyday life where the rules have relevance: (a) The spatial rule...

2. Describe a situation from your own everyday life where it is clear that the situation in its consequence becomes the way you define it.

5. What do we mean when we say that social facts are mental constructions? Explain this with an example from your own everyday life.