Suppose that the opportunity-cost ratio for watches and cheese is 1c ≡ 1w in switzerland but 1c ≡ 4w in japan. at which of the following international exchange ratios (terms of trade) will switzerland and japan be willing to specialize and engage in trade with each other?

4. the condition requires that only one of the selected criteria be true for a record to be displayed.

This problem has been solved! see the answerwhich of the following statements is correct? the consumer price index is a measure of the overall level of prices, whereas the gdp deflator is not a measure of the overall level of prices. if, in the year 2011, the consumer price index has a value of 123.50, then the inflation rate for 2011 must be 23.50 percent. compared to the gdp deflator, the consumer price index is the more common gauge of inflation. the consumer price index and the gdp deflator reflect the goods and services bought by consumers equally well.

It's possible for a debt card transaction to bounce true or false