Suppose that Thailand and India are currently NOT trading with each other. Both countries produce both shrimp and linens domestically, and sell to domestic customers. Next, suppose that Thailand and India engage in completely free trade. Thailand has the Comparative Advantage in shrimp, and begins exporting shrimp to India India has the Comparative Advantage in linens, and begins exporting linens to Thailand. What happens in Thailand due to free trade? Who is helped and who is hurt in Thailand? Check all that apply.
Answers: 3
Other questions on the subject: Business
Business, 22.06.2019 03:00, janeou17xn
Put each of them in order. you are a young entrepreneur with a startup business. you now seek credit from the bank to expand it. what are the steps you will have to take? 1. you support your loan application with relevant documents. 2. you fill out the loan application form at the bank 3. you get an approval for the loan and the money is disbursed to your business account 4. you use the credit to further your business plan. 5. you have an interview with the loan officer and you explain your business plan.
Answers: 1
Business, 22.06.2019 06:30, brony2199
"in my opinion, we ought to stop making our own drums and accept that outside supplier's offer," said wim niewindt, managing director of antilles refining, n. v., of aruba. "at a price of $21 per drum, we would be paying $4.70 less than it costs us to manufacture the drums in our own plant. since we use 70,000 drums a year, that would be an annual cost savings of $329,000." antilles refining's current cost to manufacture one drum is given below (based on 70,000 drums per year):
Answers: 1
Business, 22.06.2019 11:30, levy72
10. lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal. student d incorrect
Answers: 2
You know the right answer?
Suppose that Thailand and India are currently NOT trading with each other. Both countries produce bo...
Questions in other subjects:
English, 03.07.2019 15:30
English, 03.07.2019 15:30
Social Studies, 03.07.2019 15:30
Mathematics, 03.07.2019 15:30
Mathematics, 03.07.2019 15:30
