Suppose that the opportunity-cost ratio for watches and cheese is 1c ≡1w in switzerland but 1c ≡4w in japan. at which of the following international exchange ratios (terms of trade) will switzerland and japan be willing to specialize and engage in trade with each other. select one or more answers from the choices shown.
a. 1c = 3w.
b. 1c = 1/2 w.
c. 1c = 5w.
d. ½ c = 1w.
e. 2c = 1w
Answers: 3
Business, 22.06.2019 01:30
Ben collins plans to buy a house for $166,000. if the real estate in his area is expected to increase in value by 2 percent each year, what will its approximate value be five years from now?
Answers: 1
Business, 22.06.2019 07:30
Jewelry manufacturers produce a range of products such as rings, necklaces, bracelets, and brooches. what fundamental economic question are they addressing by offering this range of items?
Answers: 3
Business, 22.06.2019 10:40
What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk
Answers: 1
Business, 22.06.2019 10:40
Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?
Answers: 1
Suppose that the opportunity-cost ratio for watches and cheese is 1c ≡1w in switzerland but 1c ≡4w i...
Computers and Technology, 21.06.2019 21:00
Mathematics, 21.06.2019 21:00
History, 21.06.2019 21:00
English, 21.06.2019 21:00
History, 21.06.2019 21:00
Physics, 21.06.2019 21:00