Multiple Choice
If a country grows such that, at constant relative prices, the production of its export good Rises by 5 percent and the production of its import-competing good rises by 15 percent (and these are the only two goods produced in the economy) , this production pattern Would be called __________ production effect.
A) a "neutral"
B) a "protrade"
C) an "antitrade"
D) an "ultra-antitrade"
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Assuming a two-country world, suppose that country
Q2: Suppose that country I's income elasticity of
Q4: Given the information in Question #14 above,
Q5: In the analysis of growth and trade,
Q6: With economic growth, a country's offer curve
Q7: It is likely that a protrade production
Q8: (a) State the Rybczynski theorem. Then, in
Q9: In the analysis of growth and trade,
Q10: If a country's total output grows by
Q11: (a) Define the five types of "production