subject
Business, 11.03.2020 02:35 sunpelt9993

Country A can produce product X, but it can also buy it at a cheap rate from Country B. Which of the following courses of action is suitable in this situation according to Adam Smith's theory of absolute advantage?A. Country A should import product X from country B and it should not attempt to produce it at home. B. Country A should partly import the product and produce it domestically. C. Country A should produce more of product X and should attempt to obtain an absolute advantage for the product. D. Country A should subsidize the production of product X to obtain an absolute advantage over country B.

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 19:00, drey10
Spirula trading inc sublets a part of its offices building to jade inc. for a period of ten years . where will the company disclose this information?
Answers: 3
image
Business, 22.06.2019 12:20, lamwil9432
Selected transactions of the carolina company are listed below. classify each transaction as either an operating activity, an investing activity, a financing activity, or a noncash activity. 1. common stock is sold for cash above par value. 2. bonds payable are issued for cash at a discount
Answers: 2
image
Business, 23.06.2019 03:30, audriexpress
What so u want to be when u grow up?
Answers: 1
image
Business, 23.06.2019 08:50, 20stirltrer
Walking through the grocery store, ramon sees a "buy 2, get 1 free" deal on laundry detergent. even though he currently has plenty of detergent he decides to take home all three bottles. ramon's decision seems to have been based mostly on his immediate need for the detergent the low price of alternative brands the limited income he presently earns the sale price offered for the detergent
Answers: 1
You know the right answer?
Country A can produce product X, but it can also buy it at a cheap rate from Country B. Which of the...

Questions in other subjects:

Konu
Mathematics, 08.01.2020 09:31