Topic: Appendix: The Theory of Comparative Advantage 80. Which state has a comparative advantage in wheat production in Case I? Topic: Appendix: The Theory of Comparative Advantage 81. Which state has a comparative advantage in wheat production in Case II? Topic: Appendix: The Theory of Comparative Advantage 82. What is the relative price of wheat in North Dakota prior to trade in Case II? Topic: Appendix: The Theory of Comparative Advantage 83. For case II, in what range must the "international" price of wheat fall? i.e. if North and South Dakota trade only with each other, what is the range of prices possible?
Topic: Appendix: The Theory of Comparative Advantage 80. Which state has a comparative advantage in wheat production in Case I? Topic: Appendix: The Theory of Comparative Advantage 81. Which state has a comparative advantage in wheat production in Case II? Topic: Appendix: The Theory of Comparative Advantage 82. What is the relative price of wheat in North Dakota prior to trade in Case II? Topic: Appendix: The Theory of Comparative Advantage 83. For case II, in what range must the "international" price of wheat fall? i.e. if North and South Dakota trade only with each other, what is the range of prices possible?
International-Financial-Management-7th-Edition-Test-Bank.docx