makaylad5155 makaylad5155

22-09-2022
Business

Answered

Assume that sweden has a comparative advantage in chocolate and italy has a comparative advantage in wine. Also assume that sweden has an absolute advantage in both chocolate and wine. If these two countries specialize and trade so as to maximize the benefits of specialization and trade, then?.

Answer :

Other Questions

First, let's assume that Marcel lives in California. 6. How much would Marcel pay in state income tax?

Imagine Joanne has an employee, Cynthia, whose only job is to restock shelves in the kitchen. Whenever Cynthia is busy she has to bend, twist, and lift to put i

There is a trade-off between the amount of consumption that people can enjoy today and the amount of consumption that they can enjoy in the future because?.

being able to buy goods online make it more likely or less likely to specialize?

Suppose a basket of goods and services has been selected to calculate the cpi and 2020 has been selected as the base year. In 2019, the basket’s cost was $80; i

Suppose a basket of goods and services has been selected to calculate the cpi and 2020 has been selected as the base year. In 2019, the basket’s cost was $80; i

Randy has established a successful fast-food restaurant chain named randy’s in the united states. He currently has 12 locations across three states. He’d like t

Randy has established a successful fast-food restaurant chain named randy’s in the united states. He currently has 12 locations across three states. He’d like t

Randy has established a successful fast-food restaurant chain named randy’s in the united states. He currently has 12 locations across three states. He’d like t

Randy has established a successful fast-food restaurant chain named randy’s in the united states. He currently has 12 locations across three states. He’d like t