A: explaining the basis for comparative advantage
B: examining the effect of trade on factor prices
C: both A and B
D: neither A nor B
举一反三
- What's the basis for trade A: Comparative advantage B: Money C: Labo D: Products
- ( ) determines the direction of trade and the limits to<br/>mutually beneficial trade. A: Specialization B: Absolute advantage C: Factor abundance D: Comparative advantage
- 中国大学MOOC: In the Ricardian model, comparative advantage is likely to be due to _____.
- The Ricardian model of comparative advantage is based on all of the following assumptions except:
- Given the information in the following table, __________.[img=231x72]17de7621169bfb0.png[/img] A: neither country has a comparative advantage in cloth. B: Home has a comparative advantage in widgets. C: Foreign has a comparative advantage in widgets. D: Home has a comparative advantage in both cloth and widgets.
内容
- 0
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
- 1
For two individuals who engage in the same two productive activities, it is impossible for one of the two individuals to ( ) A: have a comparative advantage in both activities. B: have an absolute advantage in both activities. C: be more productive per unit of time in both activities. D: gain from trade with each other.
- 2
The volume of trade has increased tremendously to the advantage of both countries.
- 3
What is the main economic reason of interantional trade? （ ） A: Natural resource B: Comparative advantage C: Preference D: Human resources
- 4
Introducing indifference curves into our trade model permits us to determine: