If Germany can make compact cars more efficiently than Russia,it enjoys
A) a comparative advantage.
B) an absolute advantage.
C) no advantage.
Correct Answer:
Verified
Q1: Which statement is false?
A)International trade helps every
Q2: A hollow corporation
A)makes goods abroad and ships
Q3: One way of reducing our trade deficit
Q4: The principle of comparative advantage
A)applies only when
Q6: High protective tariffs
A)would be supported by most
Q7: The reason U.S.workers were better paid than
Q8: A tariff shifts the _ curve to
Q9: Which statement is true?
A)The Japanese have not
Q10: We have run merchandise trade deficits of
Q11: Which statement is false?
A)Compared to 30 years
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