International economics: Theory & policy, International Economics

In a day of production, firms in angola can produce 200 liters of oil or 10 kilograms of tungsten. Firms in Namibia can produce 160 liters of oil or 60 kilograms of tungsten. Which country has the absolute advantage in the production of tungsten?question..
Posted Date: 12/18/2012 3:29:10 PM | Location : United States

Related Discussions:- International economics: Theory & policy, Assignment Help, Ask Question on International economics: Theory & policy, Get Answer, Expert's Help, International economics: Theory & policy Discussions

Write discussion on International economics: Theory & policy
Your posts are moderated
Related Questions

Characteristics of human resources in the International Medical Center are their diversity and versatility; we find jurisdiction in the field of advanced medicine, we find at the s

Habrrler''s oppirtunity cost theory

What are the government's fiscal policy options for a recessionary gap caused by cost-push inflation?  Use the aggregate demand-aggregate supply model to show the impact of these p

Theories about the Problems of LICs are discussed below: In order to explain this big problem of poverty and of the asymmetric ownership of the wealth and income in the world,

if the US dollar depreciates dramatically relative to the Chinese yuan, what effect would this have on consumers and businesses in each country? When is a falling dollar good or ba

Q. One reason international trade has a powerful effect on the distribution of income within countries is that some factors are "specific", and therefore cannot move costlessly fr

Q. Suppose the U.S. government (but not Europe) offers a $10 million subsidy? Answer: In this case Airbus would make a decision not to enter the market since it knows Boeing