Suppose that Thailand and India are currently NOT trading with each other. Both countries produce both shrimp and linens domestically, and sell to domestic customers. Next, suppose that Thailand and India engage in completely free trade. Thailand has the Comparative Advantage in shrimp, and begins exporting shrimp to India India has the Comparative Advantage in linens, and begins exporting linens to Thailand. What happens in Thailand due to free trade? Who is helped and who is hurt in Thailand? Check all that apply.

Answer the following questions using the information below: southwestern college is planning to hold a fund raising banquet at one of the local country clubs. it has two options for the banquet: option one: crestview country club a. fixed rental cost of $1,000 b. $12 per person for food option two: tallgrass country club a. fixed rental cost of $3,000 b. $8.00 per person for food southwestern college has budgeted $1,800 for administrative and marketing expenses. it plans to hire a band which will cost another $800. tickets are expected to be $30 per person. local business supporters will donate any other items required for the event. which option has the lowest breakeven point?

Two assets have the following expected returns and standard deviations when the risk-free rate is 5%: asset a e(ra) = 18.5% σa = 20% asset b e(rb) = 15% σb = 27% an investor with a risk aversion of a = 3 would find that on a risk-return basis. a. only asset a is acceptable b. only asset b is acceptable c. neither asset a nor asset b is acceptable d. both asset a and asset b are acceptable

Acoase solution to a problem of externality ensures that a socially efficient outcome is to