Suppose Brazil has a comparative advantage over other countries in producing almonds, but other countries have an absolute advantage over Brazil in producing almonds. If trade in almonds is allowed, Brazil
a. will import almonds.
b. will export almonds.
c. will either import almonds or export almonds, but it is not clear from the given information.
d. would have nothing to gain either from exporting or importing almonds.
b
Economics
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A consumer may increase her saving by
A) working more hours and consuming more goods in the present period. B) working more hours and consuming fewer goods in the present period. C) working fewer hours and consuming more goods in the present period. D) working fewer hours and consuming fewer goods in the present period.
Economics
Which of the following is most likely to indicate a statistically significant regression coefficient?
A) |t| > R2 B) R2 > .90 C) |t| > 2 D) |t| > 4
Economics