• 2022-05-29
    What's the basis for trade
    A: Comparative advantage
    B: Money
    C: Labo
    D: Products
  • A

    内容

    • 0

      What's the English for "充分利用”? A: trade fai B: make good use of C: take advantage of D: keep... informed of

    • 1

      When one producer has a lower opportunity cost of production than another producer for a given item, what exists? A: Absolute disadvantage B: Comparative disadvantage C: Comparative advantage D: Absolute advantage

    • 2

      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.

    • 3

      The theory of comparative advantage believes that even if a country is less efficient than another in the production of both commodities, there is still a basis for mutually beneficial trade.

    • 4

      According to Mr. Robbins, what is essential to an exhibitor in participating in trade fair? A: Promoting products or services. B: Demonstrating products or services. C: Choosing the right trade fair.