The nation of Wheatland forbids international trade. In Wheatland, you can buy 1 pound of corn for 3 pounds of fish. In other countries, you can buy 1 pound of corn for 2 pounds of fish. These facts indicate that
A、Wheatland has a comparative advantage, relative to other countries, in producing corn.
B、other countries have a comparative advantage, relative to Wheatland, in producing fish
C、the price of fish in Wheatland exceeds the world price of fish
D、if Wheatland were to allow trade, it would import corn
A、Wheatland has a comparative advantage, relative to other countries, in producing corn.
B、other countries have a comparative advantage, relative to Wheatland, in producing fish
C、the price of fish in Wheatland exceeds the world price of fish
D、if Wheatland were to allow trade, it would import corn
微观经济学(全英)
章节列表
1. General Overview of Economics282. Principles of Economics353. Circular-Flow Diagram and PPF204. Interdependence and Trade205. Demand and Supply756. Elasticity717. Price Control and Taxation408. CS, PS and the Efficiency of Markets109. Costs of Taxation2510. International Trade3011. Externalities3112. Public Goods and Common Resources2013. The Costs of Production20