Those that win from international trade include a. All workers. b. Workers who have comparative advantage in
Question:
Those that "win" from international trade include
a. All workers.
b. Workers who have comparative advantage in production.
c. Employers in import-competing industries.
d. Consumers of domestically produced exported goods.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (4 reviews)
The answer is b Workers who have comparative advantage in production International trade allows countries to specialize in producing the goods and ser...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Introduction To Economics Social Issues And Economic Thinking
ISBN: 9780470574782
1st Edition
Authors: Wendy A. Stock
Question Posted:
Students also viewed these Business questions
-
Multiple Choice Questions: 1. Protectionist legislation is often passed because? a. Employers in the affected industry lobby more effectively than the workers in that industry. b. Both employers and...
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
1. How strong are the competitive forces confronting J. Crew in the market for specialty retail? Do a [Michael Porter] five-forces analysis to support your answer. (see chapter 3 in the textfor...
-
On July 1,the first day of their fiscal year, the City of Denver sold bonds with a face value of $10,000,000 at 102 percent par. The bonds bear annual interest at 6 percent; interest is payable...
-
Explain the difference between the budget deficit and the national debt. If the deficit gets turned into a surplus, what happens to the debt?
-
For the system from Problem 6.30, assume that a 75-Mvar shunt capacitance (three phase assuming one per unit bus voltage) is added at bus 4 . Calculate the new value of \(\mathrm{Y}_{44}\). 6.5}...
-
The second law of thermodynamics states that (a) The energy change of a system undergoing any reversible process is zero (b) It is not possible to transfer heat from a lower temperature to a higher...
-
Nash Company and Mayer Company assign manufacturing overhead to Work in Process Inventory using direct labor cost. The following information is available for the companies for the year: Required a....
-
What is the gear ratio (rear to front) of a bicycle that has 22 teeth on the rear sprocket and 50 teeth on the front sprocket?
-
Suppose that the United States Organization of Movie Actors successfully negotiates for tariffs on movies imported to the U.S. As a result, we would expect to see a. A decrease in the equilibrium...
-
A reasonable argument against increased international trade is that a. International trade hurts U.S. consumers. b. International trade hurts U.S. producers. c. Some goods are important for national...
-
Provide an example (other than one given in this chapter) of the use of SoLoMo marketing by a hospitality company.
-
what ways do operating systems utilize hardware-assisted virtualization technologies, and how do they ensure security and isolation among virtual machines ?
-
The salespeople at Buffalo, a notebook manufacturer, commonly pressured operations managers to keep costs down so the company could give bigger discounts to large customers. John, the operations...
-
Discuss the fundamental principles underlying the design and implementation of real-time operating systems, highlighting key considerations for achieving deterministic behavior in time-critical...
-
How do modern operating systems address the challenges posed by resource allocation and scheduling in multi-core and distributed computing environments, and what strategies are employed to optimize...
-
Explore the intricacies of memory management techniques in contemporary operating systems, including virtual memory, address translation, and page replacement algorithms, and evaluate their impact on...
-
What is the probability that the selected person refused to answer? Does that probability value suggest that refusals are a problem for pollsters? Why or why not? Age 18-21 22-29 255 20 30-39 40-49...
-
Do public and private companies follow the same set of accounting rules? Explain.
-
Black Oak Company identified the following activities, estimated costs for each activity, and identified cost drivers for each activity for this coming year. (These are the first three steps of...
-
Fine Finishing, Inc., produces a wood desk that sells for $500 and a wood table that sells for $900. Last year, total overhead costs of $6,000,000 were allocated based on direct labor costs. Direct...
-
Truckee Community Bank uses activity-based costing to assign overhead costs to two different loan productsstudent loans and auto loans. The bank identified the following activities, estimated costs...
-
Consider a 10-bit binary floating point number representation system: SE EEE mm mm m The first bit of the exponent is dedicated to its sign. Assume that the mantissa must start with a '1'. Use this...
-
4.2) (5 points) Assume we have two relations R(a,b) and S(b,c). All three attributes (a, b, and c) are integer attributes. Assume that Relation R contains the following tuples: (1,2), (2,3), (4,7)...
-
Write a static method odds () belonging to the IntLinkedBag class. odds () will have one parameter of type IntLinkedBag. The method will return an IntLinkedBag containing only the odd numbers from...
Study smarter with the SolutionInn App