When a nation has a comparative advantage in the production of a particular good
A) the nation tends to avoid specialization.
B) the comparative advantage encourages self-sufficiency.
C) the opportunity cost of producing that good is higher than that of other goods.
D) the nation can gain from trade.
D
Economics
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Incomes policies are based on discretionary monetary and fiscal policies
a. True b. False Indicate whether the statement is true or false
Economics
According to the analysis in your text, the school voucher program would
A. increase the quality of education, but not improve the welfare of low income families. B. decrease the quality of education. C. increase the quality of education. D. not affect education quality, but would make lower income families better off.
Economics