Differences in tastes among nations
A) make gains from trade possible even in the absence of differences in resource endowments
B) make gains from trade possible only when there are differences in resource endowments
C) negate any potential gains from trade
D) are caused by differences in resource endowments
E) occur only among countries whose people are of different religions
Correct Answer:
Verified
Q65: One reason for international specialization in production
Q66: Exhibit 19-4 Q67: Exhibit 19-3 Q68: Exhibit 19-4 Q69: Differences in resource endowments are differences in Q71: Exhibit 19-4 Q72: Exhibit 19-3 Q73: If production is subject to economies of Q74: Exhibit 19-3 Q75: Exhibit 19-2 Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)tariffs
