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Kindly give correct answer Question 12 4 pts Poland requires 4 hours of labor to produce I ton of coal and 1 hour of labor
Kindly give correct answer
Question 12 4 pts Poland requires 4 hours of labor to produce I ton of coal and 1 hour of labor to produce a bushel of wheat. The Czech Republic requires 6 hours of labor to produce 1 ton of coal and 1 hour of labor to produce a bushel of wheat. Suppose that the international price of coal is 4 1/4 bushels of wheat per ton of coal. Which country is likely to have the larger gain from trade? Poland O the Czech Republic O neither country O both countriesQuestion 19 4 pts With which country or region does most U.S. foreign direct investment occur? O China Japan O Europe Latin AmericaQuestion 3 4 pts Import restrictions in the form of import tariffs and import quotas are supported by: O the industrial sector of the tariff-imposing country. O the import sector of the foreign country. O the production sector in the tariff-imposing country that uses imported intermediate input. O the sector of the tariff-imposing country that produces the final good,Question 2 4 pts Which of the following statements is true? O FDI is largely restricted between high-income countries but rarely faces restrictions in developing countries. O FDI is largely unrestricted between high-income countries but sometimes faces restrictions in developing countries. OFDI is never restricted among high-income or developing countries. OFDI is always heavily restricted among high-income and developing countriesStep by Step Solution
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