The fact that articles of clothing sold in Walmart are produced by very poorly paid workers in Honduras, is a fact that if taken into account
A) would prove to economists that the Ricardian model of comparative advantage is false.
B) would prove to economists that the equal-value in trade concept summed up in the trade triangles is incorrect.
C) proves to economists that trade is a negative sum game.
D) proves to the Anti-Globalization Movement that trade is a negative sum game.
E) proves that corporations are exempt from labor standards.
D
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The above table shows the marginal benefit from submarines for the only two citizens of a country. Submarines are a public good. If submarines cost $300 a piece, what is the efficient quantity to produce?
A) 0 B) 1 C) 2 D) 3
If ration coupons are used to determine who gets the products available, what happens if the government allows individuals to trade them?
What will be an ideal response?