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 you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
The power of population is infinitely greater than the power in the earth to produce subsistence for man. Population, when unchecked, increases in a geometric ratio. Subsistence only increases in arithmetic ratio.
Answers (1)
In 2014, 10% of all drivers 15-19 years old involved in fatal crashes were reported as distracted at the time of the crashes and this age group had the largest proportion of drivers who were distracted at the time of the crashes.
Answers (1)
Expectations that define appropriate or inappropriate behavior for the occupants of a particular status are called:a. roles. b. folkways. c. identities. d. simple norms.
Answers (1)
Pastoralists have adapted their culture to their environment. True or false?
Answers (1)
How many representatives does illinois have?
Answers (1)
New Questions in Social Studies
Which country has a close economic relationship with the United States? A. Cuba B. Haiti C. Puerto Rico I think B. I know its not A. because the U. S. banned trading with them and is just now breaking that barrier. Though, it could be A.
Answers (1)
Long-term changes in the water cycle can cause changes in an area's climate. Which of the following accurately describes such a change for an area that is far away from any body of water? A.
Answers (1)
An industrial organizational psychologist collects surveys on what incentives cause employees to work harder.
Answers (1)
How does over population lead to global warming?
Answers (1)
The fourteenth and fifteenth amendments did not give native americans the right to vote true or faulse
Answers (1)