Advanced Placement (AP), 17.06.2020 21:57, kim643

Match the given descriptions to the terminology that could be used to define them. assumption in trade
absolute advantage
comparative advantage
specialization in trade
Country A produces a certain good in abundance
and sells it at a cheaper rate to other countries.
Country B produces a good with a lower opportunity
cost than another good.
Country A has superior resources to produce a good
more efficiently.
Countries A and B have a free flow of labor across
their
borders.

Answers: 3

Show answers

Other questions on the subject: Advanced Placement (AP)

Advanced Placement (AP), 23.06.2019 05:00, theyycraveenaee

Explain one difference in the way elites used art or architecture in europe and in asia during the period 1450-1750.

Answers: 1

continue

Advanced Placement (AP), 23.06.2019 19:30, eddsworldfrantic

According to the online content activity for this lesson, what should you do if you do not understand the material you are trying to learn? a. try a new approach to learning the material. c. re-read the material b. give up d. find someone to give you the answers to the test select the best answer from the choices provided a b c d

Answers: 1

continue

Advanced Placement (AP), 25.06.2019 19:30, 76KamLan

How has nathan price adapted to his situation in the congo in the poisonwood bible?

Answers: 1

continue

Advanced Placement (AP), 25.06.2019 23:00, idalieramirez8517

Use the conversion factors to rewrite the distances in different, but equivalent, units. celestial objects distance from the star object a 0.000001877 pc object b 30.06 au object c 778.3 million km

Answers: 1

continue

Do you know the correct answer?

Match the given descriptions to the terminology that could be used to define them. assumption in tr...