The principle of comparative advantage is derived from a highly simplistic two good/two country model.
A: One good/one country model
B: two good/two country model
C: multiple good/multiple model
D: fixed good/fixed model
A: One good/one country model
B: two good/two country model
C: multiple good/multiple model
D: fixed good/fixed model
举一反三
- The principle of comparative advantage is derived from a highly complicated two good/two country model.
- Which of the the following statements is true true ? ( ) A: “Two countries can achieve gains from trade even if one of the<br/>countries has an absolute advantage in the production of all goods.” B: “Certain very talented people have a comparative advantage in<br/>everything they do.” C: “If a certain trade is good for one person, it can’t be<br/>good for the other one.” D: “If trade is good for a country, it must be good for everyone in the country.”
- Although the model looks good on the surface, it will not bear close ________.
- If a good is imported into (large) country H from country F, then the imposition of a tariff in country H __________. A: raises the price of the good in both countries (the "Law of One Price"). B: raises the price in country H and cannot affect its price in country F. C: lowers the price of the good in both countries. D: raises the price of the good in H and lowers it in F.
- Which one is not a model of medical tourism?( ) A: Thailand Model B: China Model C: US Model D: India Model