In autarky equilibrium ?

Related Mcqs:

The opportunity cost of one DVD in Japan is ?

A. One ton of steel B. Two tons of steel C. Three tons of steel D. Four tons of steel...

In autarky, the relative price of X, in terms of Y in A would be ?

A. 1/2 Y B. 3/4 Y C. 1 Y D. 4/3 Y...

According to the principle of comparative advantage ?

A. South Korea should export steel B. South Korea should export steel and DVDs C. Japan should export steel D. Japan should export steel and DVDs...

The relative price (MRT) of T in terms of S is ?

A. 2 B. 1/2 C. 500 D. 1000...

If the relative Price (MRT) of T were to increase, then the price line would ?

A. Shift out in a parallel fashion B. shift in a parallel fashion C. become steeper D. Become flatter...