According to the doctrine of comparative advantage, trade between State A and State B would fail to benefit both __________
a. when A produces only one type of good.
b. when A's domestic market is much larger than B's.
c. when both A and B produce exactly the same goods.
d. when A has access to cheaper raw materials than B.
d
You might also like to view...
The prediction that democracy is more likely to survive as countries develop and become richer is made via ______.
A. the modernization theory B. the survival story C. the exit, voice, and loyalty theory D. inclusion
Describe the timeline for the congressional budgeting process. What happens if Congress is not able to pass a budget by the start of the fiscal year?
What will be an ideal response?
Which of the following is a common criticism of the structure and operation of the Security Council?
a. Veto should be restricted or abolished. b. It does not give enough power to European and North American states. c. Veto should be used more frequently. d. Asian countries hold too many Perm-5 positions. e. Its resolutions are not binding.
Class refers to
a. social hierarchies. b. ethnocentric societies. c. nonstratified societies. d. stabilized societies. e. immigrant societies.