Business, 05.08.2020 16:01, shakkahdbwjsjs3068
Alternate Outputs from One Day's Labor Input: USA: 12 bushels of wheat or 3 yards of textiles. India: 3 bushels of wheat or 12 yards of textiles. From the data, the USA:.
a) has an absolute advantage over India in the production of wheat.
b) should export textiles to India.
c) has an absolute advantage over India in the production of textiles.
d) has a comparative advantage in the production of textiles.
Answers: 1
Business, 23.06.2019 07:50, chevysilverado2377
Acountry has reached a level of economic development where the manufacturing of both semidurable and nondurable consumer goods has just begun. also, the goods demanded relate to equipment and supplies to support manufacturing. in which stage of rostow’s five-stage model of economic growth does the country fit?
Answers: 1
Alternate Outputs from One Day's Labor Input: USA: 12 bushels of wheat or 3 yards of textiles. India...
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