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Other Fields Homework Help Economics Topic started by: Chako on Mar 11, 2016



Title: Assume that transportation costs are especially high for Widgets in the two-country, two-product Ric
Post by: Chako on Mar 11, 2016
Assume that transportation costs are especially high for Widgets in the two-country, two-product Ricardian model, and Country A enjoys a comparative advantage in Widgets, then
A) country B may end up exporting Widgets.
B) Trade may be impossible between the two countries.
C) country A may switch to having a comparative advantage in the other good.
D) country B must also enjoy a comparative advantage in Widgets.
E) country A will still export Widgets.


Title: Re: Assume that transportation costs are especially high for Widgets in the two-country, two-product
Post by: machukian on Apr 20, 2016
Content hidden


Title: Re: Assume that transportation costs are especially high for Widgets in the two-country, two-product Ric
Post by: Chako on Apr 25, 2016
Correct!


Title: Re: Assume that transportation costs are especially high for Widgets in the two-country, two-product Ric
Post by: machukian on May 11, 2016
Good luck