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
|