Recent Posts • Latest Topics • Unanswered Questions

Examples of comparative advantage often begin with two countries that each produce the same two good

Tidy

wrote...

Go to Answer

Posts: 4852

Rep:

8 years ago

Examples of comparative advantage often begin with two countries that each produce the same two good

Examples of comparative advantage often begin with two countries that each produce the same two goods. Each country is then shown to have a comparative advantage in producing the good it can produce at a lower opportunity cost, and specializes in the production of the good for which it has a comparative advantage. How do these examples prove that both nations are made better off as a result of trade than they would be without trade?

Textbook

Essentials of Economics

Edition: 4^th

Authors: Hubbard, O'Brien

Read 167 times

1 Reply

Report

Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face

Replies

Answer verified by a subject expert

Sydnie

wrote...

Related Topics

Tidy Author

wrote...

8 years ago

this is exactly what I needed

lierac00

wrote...

Yesterday

This helped my grade so much Perfect

linlinlin

wrote...

2 hours ago

Thank you, thank you, thank you!

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1310 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Related Images

246

228

Your Opinion

Previous poll results: Does a gender wage gap exist in America?

Courses by Biology Forums

Bonobos, Chimpanzees, and the 98% DNA Link

The Toxic Skin and Fungi Defense

Strange Ingredients Lurking in Doritos Chips

It's sore throat season, why does my mucus have red spots?

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.