Suppose the nation of canada forbids international trade. in canada, you can obtain a hockey stick by trading 5 baseball bats. in other countries, you can obtain a hockey stick by trading 8 baseball bats.
these facts indicate that:

a) canada has a comparative advantage, relative to other countries, in producing baseball bats.
b) if canada were to allow trade, it would export hockey sticks.
c) canada has an absolute advantage, relative to other countries, in producing hockey sticks.
d) all of the above are correct.

In business,what would be the input, conversion and output of operating a summer band camp

How does the economy of cuba differ from the economy of north korea? in north korea, the government’s control of the economy has begun to loosen. in cuba, the government maintains a tight hold over the economy. in cuba, the government’s control of the economy has begun to loosen. in north korea, the government maintains a tight hold over the economy. in north korea, there is economic uncertainty in exchange for individual choice. in cuba, there is economic security in exchange for government control. in cuba, there is economic uncertainty in exchange for individual choice. in north korea, there is economic security in exchange for government control.\

An investment offers a total return of 18 percent over the coming year. janice yellen thinks the total real return on this investment will be only 14 percent. what does janice believe the inflation rate will be over the next year?