subject
Business, 08.07.2019 18:10 jazzy2971

Suppose that portugal and switzerland both produce beer and stained glass. portugal's opportunity cost of producing a pane of stained glass is 5 barrels of beer while switzerland's opportunity cost of producing a pane of stained glass is 10 barrels of beer. by comparing the opportunity cost of producing stained glass in the two countries, you can tell that has a comparative advantage in the production of stained glass and has a comparative advantage in the production of beer. suppose that portugal and switzerland consider trading stained glass and beer with each other. portugal can gain from specialization and trade as long as it receives more than of beer for each pane of stained glass it exports to switzerland. similarly, switzerland can gain from trade as long as it receives more than of stained glass for each barrel of beer it exports to portugal. based on your answer to the last question, which of the following prices of trade (that is, price of stained glass in terms of beer) would allow both switzerland and portugal to gain from trade? check all that apply.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 18:30
As the marginal propensity to consume (mpc) increases, the multiplier remains the same. increases. decreases. as the marginal propensity to save (mps) increases, the multiplier decreases. increases. remains the same. if the marginal propensity to consume is 0.30, what is the multiplier, assuming there are no taxes or imports? round to the tenths place. given the multiplier that you calculated, by how much will gross domestic product (gdp) increase when there is a $1,000 increase in government spending? $
Answers: 3
question
Business, 22.06.2019 16:00
Arnold rossiter is a 40-year-old employee of the barrington company who will retire at age 60 and expects to live to age 75. the firm has promised a retirement income of $20,000 at the end of each year following retirement until death. the firm's pension fund is expected to earn 7 percent annually on its assets and the firm uses 7% to discount pension benefits. what is barrington's annual pension contribution to the nearest dollar for mr. rossiter? (assume certainty and end-of-year cash flows.)
Answers: 2
question
Business, 22.06.2019 17:00
You hold a diversified $100,000 portfolio consisting of 20 stocks with $5,000 invested in each. the portfolio's beta is 1.12. you plan to sell a stock with b = 0.90 and use the proceeds to buy a new stock with b = 1.50. what will the portfolio's new beta be? do not round your intermediate calculations.
Answers: 2
question
Business, 22.06.2019 19:00
Which of the following would cause a shift to the right of the supply curve for gasoline? i. a large increase in the price of public transportation. ii. a large decrease in the price of automobiles. iii. a large reduction in the costs of producing gasoline
Answers: 1
You know the right answer?
Suppose that portugal and switzerland both produce beer and stained glass. portugal's opportunity co...
Questions
question
Mathematics, 16.02.2021 19:50
question
English, 16.02.2021 19:50
question
English, 16.02.2021 19:50
question
English, 16.02.2021 19:50
question
Mathematics, 16.02.2021 19:50
question
Mathematics, 16.02.2021 19:50
Questions on the website: 13722367