#948109

#948109: According to the theory of comparative advantage, which of the following is not a reason why countries trade?

According to the theory of comparative advantage, which of the following is not a reason why countries trade?
Варианты ответа:
  • Comparative advantage
  • Costs are higher in one country than in another
  • The productivity of labor differs across countries and industries
  • Exports give a country a political advantage over other countries that export less

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Тематика: Внешнеторговые сделки Коммерция (по отраслям) Основы товародвижения в торговле
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Which of the following statements would a mercantilist not agree with? If all prices in one country (country A) are higher than all prices in another country (B) when compared at the wage rates that happen to prevail in the two countries, and if the countries share the same currency, then if the nominal wage rate in country B remains fixed Free traders maintain that an open economy is advantageous in that it provides all the following except: According to the theory of comparative advantage, countries gain from trade because Clyde Prestowitz, in his assigned reading, cites a study that measures various costs of US trade with China. Which of the following is not one of those costs?