Indicate whether each of the following statements is true or false. statement true false two countries can gain from specialization and trade as long as they have different opportunity costs in the production of some goods. the gains from specialization and trade are based on absolute advantage. if a certain trade is good for one country, it must be good for the other country. two individuals can benefit from trade even if neither has a comparative advantage in some activity. workers in importing industries are likely to oppose trade

What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk

Gulliver travel agencies thinks interest rates in europe are low. the firm borrows euros at 5 percent for one year. during this time period the dollar falls 11 percent against the euro. what is the effective interest rate on the loan for one year? (consider the 11 percent fall in the value of the dollar as well as the interest payment.)

One of your new suppliers, kim, has been hearing rumors about your firm’s lack of capability to deliver high quality products and writes an email asking you to address the claims being made. in replying to her, you want to be sure that you are very clear and leave no room for misinterpretation. which of the following aspects of effective communication should you give the most attention? (a) making sure you understand kim’s areas of expertise. (b) supporting your reply with relevant data and facts. (c) establishing your credibility as an expert. (d) paying attention to implied communications.