According to the trade theory of Staffan Linder trade tends to be most pronounced in manufactured goods when trading countries have ?

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Intra-industry trade theory ?

A. Explains why the United States might export autos and import clothing B. Explains why the United States might export and import differentiated versions of the same product such as different types of autos C. Assumes that transport costs are very low or do not exist D. ignores seasonal considerations for agricultural goods...

The factor endowment model of international trade was developed by ?

A. Adam Smith B. David Ricardo C. John Stuart Mill D. Eli Heckscher and Bertil Ohlin...

_____ 1954 study of U.S trade patterns showed that U.S exports were labor-intensive compared with U.S imports, even though the United States was widely regarded as a relatively capital-abundant nation ?

A. Paul Samuelson’s B. Wolfgang Stolpher’s C. Staffan Linder’s D. Wassily Leontief’s...

By adjusting the model of comparative advantage to include transportation costs along with production costs we would expect ?

A. The prices of trade goods to be lower than when there are no transportation costs B. specialization to stop when the production costs of the trading partners equalize C. The volume of trade to be less than when there are no transportation costs D. The gains from trade to be greater than when there … By adjusting the model of comparative advantage to include transportation costs along with production costs we would expect ?Read More...

According to the factor price equalization theorem, the ________ factor should oppose free. trade policies in any given country?

A. abundant B. scarce C. neither D. can’t tell without more information...