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.Management Sciences
A. have no impact on patterns of international trade
B. have tended to make U.S steel companies more competitive internationally
C. can affect production costs and thus alter comparative advantages and trade patterns
D. have been eliminated by the nations participating in NAFTA
Related Mcqs:
- The analyzes the income distribution effects of trade in the short run when resources are immobile among industries ?
- A. Stolpher-Samuelson theory B. factor endowment theory C. specific factors theory D. overlapping demand theory...
- The Heckscher-Ohlin theorem states that a country will have comparative advantage in the good whose production in relatively intensive in the with which the country is relatively abundant ?
- A. tastes B. technology C. factor/resource D. opportunity cost...
- Wassily Leontief used an input output table in order to test the ?
- A. Ricardian theory of comparative advantage B. Heckscher Ohl in theory of comparative advantage C. Linder theory of overlapping demand D. All of the above...
- Industrial policies intended to foster comparative advantage for domestic industries could result in the implementation of ?
- A. research and development subsidies B. loan guarantees C. low interest rate loans D. All of the above...
- The product cycle theory of trade is essentially a ?
- A. static, short run trade theory B. dynamic long run trade theory C. zero-sum theory of trade D. negative-sum theory of trade...
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