#900651

#900651: Given the following information: Unit Labor Requirements Cloth Widgets Home 10 20 Foreign 60 30

Given the following information: Unit Labor Requirements Cloth Widgets Home 10 20 Foreign 60 30
Варианты ответа:
  • neither country has a comparative advantage
  • home has a comparative advantage in cloth
  • foreign has a comparative advantage in cloth
  • home has a comparative advantage in widgets

🔒 Ответ будет доступен после оплаты

Тематика: Взаимоотношения политики и экономики (государства и бизнеса) в условиях рынка Цивилизационные факторы формирования современного государственного управления Экономика зарубежных стран
📚 Похожие вопросы по этой дисциплине
If it is ascertained that Foreign uses prison-slave labor to produce its exports, then home should If the Home economy suffered a meltdown, and the Unit Labor Requirements in each of the products quadrupled (that is, doubled to 30 for cloth and 60 for widgets) then home should In the World Trade Organization, most countries of the world negotiate on trade liberalization. Economic theory predicts welfare gains for every country that participates in the process of trade liberalization. However, in practice, some developing countries – mainly in Sub Saharan Africa - did not gain very much from the past rounds of trade liberalization. Why? If wages were to double in Home, then Home should: If the world equilibrium price of widgets were 4 Cloths, then