Question and answer
The law of comparative advantage states that A. nations should never import goods, but only export goods. B. nations should only produce goods which they have available natural resources for.
C. a nation is better off when it produces goods and services that it has an absolute advantage in producing. D. a nation is better off when it produces goods and services that it has a comparative advantage in producing.
The law of comparative advantage states that: B. nations should only produce goods which they have available natural resources for.
Expert answered|andrewpallarca|Points 28345|
Question
Asked 12/16/2013 11:45:52 AM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Which of the following could be a synonym for the world 'externality'? A. cause B. example C. side-effect D. public good
Weegy: C. side-effect could be a synonym for the world 'externality'. (More)
Question
Expert Answered
Asked 12/12/2013 2:22:23 PM
0 Answers/Comments
Which of the following is an example of a negative externality? A. air pollution B. an increase in sales C. an increase in market size D. the production of a substitute
Question
Updated 12/13/2013 6:20:52 AM
1 Answer/Comment
A. Air pollution is an example of a negative externality.
Added 12/13/2013 6:20:52 AM
This answer has been added to the Weegy Knowledgebase
Which of the following is an example of a negative externality? A. air pollution B. an increase in sales C. an increase in market size D. the production of a substitute
Question
Updated 178 days ago|8/18/2015 10:48:19 PM
1 Answer/Comment
Air pollution is an example of a negative externality.
Added 178 days ago|8/18/2015 10:47:07 PM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by yumdrea [8/18/2015 10:48:21 PM]
The two major types of transactions that affect the international flow of money are A. supply and demand. B. price and opportunity cost. C. balance of trade and cost-benefit analysis. D. trade in goods and services and capital flows.
Weegy: Answer will be letter A. Supply and demand Because transactions can impact net income and cash flow differently (More)
Question
Expert Answered
Asked 12/13/2013 10:58:46 AM
0 Answers/Comments
_________ : the use of protective tariffs to favor domestic industries. A. Embargo B. Import quota C. Protectionism D. Voluntary trade restriction
Weegy: C. protectionism User: _________ : a law that cuts off imports from, and exports to, another country. A. Tariff B. Embargo C. Import quota D. Voluntary trade restriction Weegy: D. Voluntary trade restriction User: ___________ : a government tax on imports or exports, or a rate or schedule of such taxes. A. Tariff B. Import quota C. Protectionism D. Voluntary trade restriction Weegy: A. tariff User: ________ : a trade agreement, not a law, between the U.S. and another nation. A. Quota B. Embargo C. Protectionism D. Voluntary trade restriction Weegy: D. Voluntary trade restriction: a trade agreement, not a law, between the U.S. and another nation. (More)
Question
Expert Answered
Asked 12/17/2013 1:41:23 PM
0 Answers/Comments
23,940,783 questions answered
Weegy Stuff
S
Points 379 [Total 776] Ratings 0 Comments 379 Invitations 0 Offline
S
P
P
L
Points 253 [Total 1060] Ratings 0 Comments 253 Invitations 0 Offline
S
1
L
L
P
R
P
L
P
Points 125 [Total 11298] Ratings 0 Comments 125 Invitations 0 Offline
S
L
P
Points 84 [Total 2152] Ratings 0 Comments 84 Invitations 0 Offline
S
Points 4 [Total 904] Ratings 0 Comments 4 Invitations 0 Offline
S
Points 2 [Total 5] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 1 [Total 2] Ratings 0 Comments 1 Invitations 0 Offline
S
R
Points 1 [Total 196] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 2] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)