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    TanyaD's Avatar
    TanyaD Posts: 2, Reputation: 1
    New Member
     
    #1

    Sep 14, 2015, 12:41 PM
    True or False
    a) International trade between countries A and B can be mutually profitable even though A can produce every commodity more cheaply than B
    b) If two countries trade corn and steel, each must have an absolute advantage in the product it export.
    c) a basic reason for international capital movements is that different rates of return are available in different countries.
    d) Foreign trade permits a country to move its consumption out beyond its domestic production-possibility curve.
    A)True
    B)False
    C)True
    tickle's Avatar
    tickle Posts: 23,801, Reputation: 2674
    Expert
     
    #2

    Sep 14, 2015, 01:48 PM
    Sorry Tanya. We don't do homework. You have to learn the hard way, by reading your material.

    You tell us and we will correct it.
    smoothy's Avatar
    smoothy Posts: 25,495, Reputation: 2853
    Uber Member
     
    #3

    Sep 14, 2015, 01:56 PM
    You are never going to make it through life if you don't make the effort to do your own work and learn.

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