A. UK
B. Australia
C. China
D. India
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Related Mcqs:
- What was the second sheep producing country ?
A. United kingdom
B. Australia
C. China
D. India - What was the top sheep producing country ?
A. United Kingdom
B. Australia
C. China
D. India - What was the third sheep producing country ?
A. England
B. Australia
C. China
D. India - What is the third sheep producing country ?
A. UK
B. Australia
C. China
D. India - What is the top sheep producing country ?
A. India
B. Australia
C. China
D. India - Assume that Country A is relatively abundant in labor and Country B is relatively abundant in land Note that wages are the returns to labor and rents are the returns to land According to the factor price equalization theorem, once Country A begins specializing according to comparative advantage and trading with Country B: A. wages and rents should fall in Country A B. wages and rents should rise in Country A C. wages should rise and rents should fall in Country A D. wages should fall and rents should raise in Country A ?
XA. wages and rents should fall in Country A
B. wages and rents should rise in Country A
C. wages should rise and rents should fall in Country A
D. wages should fall and rents should raise in Country A - If an economy moves from producing 10 units of A and 4 units of B to producing 7 As and 5Bs The opportunity cost of the 5th B is ?
A. 7As
B. 10As
C. 3As
D. 1A - What was the second cattle producing country ?
A. India
B. Argentina
C. United States
D. China - What was the second chicken producing country ?
A. China
B. Indonesia
C. United States
D. Brazil - What is the second cattle producing country ?
A. India
B. Argentina
C. United States
D. China
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