Refer to the table above. You are told that Country B is very much larger than country A. The correct answer is

A) country B will export good S.
B) country A will export good S.
C) both countries will export good S.
D) trade will not occur between these two countries.
E) both countries will import good S.

A

Economics

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In the money market, how is the adjustment to equilibrium brought about in the short run and in the long run?

What will be an ideal response?

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When the Fed lowers the discount rate, it makes it:

a. cheaper for banks to borrow from each other. b. cheaper for banks to obtain additional reserves by borrowing from the Fed. c. more difficult for banks to accept deposits. d. more difficult for banks to extend loans.

Economics