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Chako Chako
wrote...
Posts: 2948
8 years ago
A country that does NOT engage in trade can benefit from trade only if
A) it has an absolute advantage in at least one good.
B) its wage rate is below the world average.
C) pre-trade and free-trade relative prices are identical.
D) it employs a unique technology.
E) pre-trade and free-trade relative prices are not identical.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 204 times
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machukianmachukian
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Top Poster
Posts: 2946
8 years ago
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Chako Author
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8 years ago
I doubted this website before I signed up. I regret not being a member earlier lol
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8 years ago
Happy to help you!
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