Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 11, 2024

Identify the theory: Countries should export than they import, and receive gold from countries that run a deficit. Group of answer choices: Mercantilism Absolute Cost

Identify the theory: Countries should export than they import, and receive gold from countries that run a deficit.

Group of answer choices:

Mercantilism

Absolute Cost Theory

Comparative Cost Theory

Absolute Advantage Theory

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Using Stata For Principles Of Econometrics

Authors: Adkins, Lee C Adkins, R Carter Hill

4th Edition

111803208X, 9781118032084

More Books

Students also viewed these Economics questions

Question

★★★★★

Suppose that 5 = {v1, v2, v3} is a linearly independent set of vectors in a vector space V. Is T = {w1, w2, w3}, where w1 = v1 + v2, w2 = v1 + v3, w3 = v2 + v3, linearly dependent or linearly...

Answered: 1 week ago

Question

★★★★★

As a manager, you learn that your employee Barbara is having exploratory surgery. Other employees ask you why Barbara is missing work. Although you would like to show concern and sympathy, its better...

Answered: 1 week ago

Question

★★★★★

Nathans Athletic Apparel has 2,000 shares of 5%, $100 par value preferred stock the company issued at the beginning of 2014. All remaining shares are common stock. The company was not able to pay...

Answered: 1 week ago

Question

★★★★★

Identify the theory: Countries should export than they import, and receive gold from countries that run a deficit. Group of answer choices: Mercantilism Absolute Cost Theory Comparative Cost Theory...

Answered: 1 week ago

Question

★★★★★

Dealer 1 offers the following exchange rates: 1 USD = 0.882 CAD 1 USD = 1.303 GBP Dealer 2 offers the following exchange rates: 1 GBP= 0.976 CAD What is the arbitrage profit on $91,081?

Answered: 1 week ago

Question

★★★★★

1. Ralph Abernathy owns a small coffee shop. He wants to know the average number of customers queuing (lining up) in his coffee shop, to decide whether he needs to add more space to accommodate more...

Answered: 1 week ago

Question

★★★★★

provide a brief outline of how diversity policy needs to apply to your place of work/type of business

Answered: 1 week ago

Question

★★★★★

United States dollar strengthen and weakening: Present current valuation (U.S. Dollar versus the two countries' currency) and effect on corporate profits for China vs Indonesia

Answered: 1 week ago

Question

★★★★★

. What is meant by the term cash flow? For the table below determine the yearly cash flows and the total cash flow. If a discounting rate of 8% is used what is the Net Present Value? Year 0 1 2 3 4 5...

Answered: 1 week ago

Question

★★★★★

Give two additional competencies that will be required for future project management efforts

Answered: 1 week ago

Question

★★★★★

Consider the redundancy scheme set out in Table 4.6. Make a list of the diffi culties that could be raised by employees, the problems that could be faced in practice and how you would sell the scheme...

Answered: 1 week ago

Question

★★★★★

Automatic telephone screening (case study 3.1) helps to reduce the exclusion of those over 50. Has it any other advantages for minority groups?

Answered: 1 week ago

Question

★★★★★

How objective is an interview? What makes is more objective? What makes it less objective? Should it be regarded as the fi rst part of a programme to socialise an applicant into the organisation? Or...

Answered: 1 week ago

Previous Question Next Question