1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Andrei [34K]
3 years ago
12

Suppose that Greece and Germany both produce oil and stained glass. Greece's opportunity cost of producing a pane of stained gla

ss is 4 barrels of oil while Germany's opportunity cost of producing a pane of stained glass is 10 barrels of oil. 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 oil. Suppose that Greece and Germany consider trading stained glass and oil with each other. Greece can gain from specialization and trade as long as it receives more than of oil for each pane of stained glass it exports to Germany. Similarly, Germany can gain from trade as long as it receives more than of stained glass for each barrel of oil it exports to Greece. Based on your answer to the last question, which of the following prices of trade (that is, price of stained glass in terms of oil) would allow both Germany and Greece to gain from trade
Social Studies
1 answer:
svetoff [14.1K]3 years ago
4 0

Answer:

an average 7 barrels to trade

Explanation:

You might be interested in
Someone who asserts that elections "socialize political activity" is contending that elections are mechanisms that maintain (A)
saul85 [17]

Answer: ORDER.

Explanation: Socializing has to do with INTERACTION with others. In order for proper interaction to be happen, there obviously must ORDER.

Now, someone who asserts that elections socialise political activity is in the agreement that it brings ORDER. Amongst all the options, the most plausible is Order. Because anything that socialises brings order.

7 0
3 years ago
Which landform region is being described? A low, bowl-shaped land with higher ground all around it. A. piedmont B. volcano C. ba
Sindrei [870]
That's going to have to be d
3 0
4 years ago
Which of the following would NOT be within the powers of Congress according to the Constitution?
kramer

Answer:

last one i think

Explanation:

5 0
3 years ago
In early China there were more farmers than there were aristocrats.<br><br> a. True<br> b. False
den301095 [7]

Answer:

True

Explanation:

Its true

6 0
3 years ago
Using the above map, observe that:______
DaniilM [7]

Answer: A

Explanation:

The map shows that maize, potatoes, peppers, squash as well as cassava, cotton and Lima beans were first domesticated in South and North America.

B. is not the correct answer. While rice and soybeans were first domesticated in Asia, we already know that squash was domesticated in the Americas.

C. is not correct either as peppers and potatoes were first domesticated in the Americas.

D. is not correct. Although these crops were first grown in specific hearths, some, such as potatoes are now being grown worldwide.

E. Maize was domesticated in the Americas.

6 0
3 years ago
Other questions:
  • When asked why he drinks, an adolescent will most likely say he drinks because:?
    15·1 answer
  • Great ________.<br> a Christian revival movement that swept through the colonies in 1730-140
    8·1 answer
  • Which is an autonomic body function?
    5·2 answers
  • What is prohibited in a command economy? CHECK ALL THAT APPLY. the control of prices and income levels the rationing of manufact
    8·2 answers
  • In what modern region was sumer located?
    10·2 answers
  • Canada’s early settlers were from all of the following countries except __________.
    8·2 answers
  • Which events could not be caused by a population bottleneck?
    12·2 answers
  • Three consiquences of lack of basic service on the individual<br>​
    5·1 answer
  • Thatcher thinks that anxiety can impair test performance, so he does relaxation exercises before his exam. He is extremely relax
    10·1 answer
  • Why was Argentina’s president Juan Perón overthrown in 1955?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!