If Ecuador has an absolute advantage in coffee and Argentina in wheat, then, according to trade theory: Group of answer choices A. Ecuador should focus production on coffee, trade on wheat and export its surplus of coffee. B. Argentina should focus on producing coffee because its a scarce resource. C. Both answers are correct.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If Ecuador has an absolute advantage in coffee and Argentina in wheat, then, according to trade theory: Group of answer choices A. Ecuador ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
How did western settlers affect buffalo populations on the Plains? How did this affect Native Americans on the Plains?
Answers (1)
Following the American Revolution, what did the congress fear about central government?
Answers (1)
Suppose the required reserve ratio is 10% and the Indianapolis State Bank initially has no need of excess reserves. If a construction company deposits $200,000 in the bank, how much of this deposit could the Indianapolis State Bank loan out?
Answers (1)
How did buying on margin impact the stock market
Answers (1)
What accounts for the popularity of the nfl games in london? do the british really like american-style football, or is it just a novelty? how might the nfl answer this critical question if it plans a british league?
Answers (1)
New Questions in Social Studies
The senate granted octavian the titles augustus and imperator (emperor), but he preferred to be addressed as
Answers (1)
Sketch the graph of y=3 (1/2) ^x. then state the functions donain and range
Answers (1)
Among the following, what is the best example of an issue which might prompt New York City to look to London for leadership rather than to either the State of New York or the federal government in Washington?
Answers (1)
What are some real life examples of MMA (Money Market Account) ? Economics
Answers (1)
The argument that was most central to karl marx's theory of society is that
Answers (1)