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Other Fields Homework Help Economics Topic started by: Loraine on Jun 20, 2015



Title: The United States is one of the richest nations in the world,
Post by: Loraine on Jun 20, 2015
The United States is one of the richest nations in the world,
A) so it does not need to trade with poor nations in order to achieve any gains from trade.
B) so it might not have a comparative advantage in producing any goods.
C) but it can still benefit from specialization and trade.
D) so it must have a comparative advantage in the production of all goods.
E) so it must have an absolute advantage in the production of all goods.


Title: Re: The United States is one of the richest nations in the world,
Post by: Dropx on Aug 18, 2015
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Title: Re: The United States is one of the richest nations in the world,
Post by: Dropx on Aug 31, 2015
Another success story!

I'm proud 8-)