Industrial policies intended to foster comparative advantage for domestic industries could result in the implementation of ?

Related Mcqs:

The Heckscher-Ohlin theory explains comparative advantage as the result of differences in countries ?

A. Economies of large-scale production B. Relative abundance of various resources C. Relative costs of labor D. Research and development expenditures...

Boeing aircraft company was able to over its production costs of the first – jumbo jetll in the seventies because Boeing could market it to several foreign airlines in addition to domestic airlines. This illustrates ?

A. How economies of scale make possible a larger variety of products in international trade B. A transfer of wealth from domestic consumer to domestic producer as the result of trade C. How a natural monopoly is forced to behave more competitively with international trade D. How a natural monopoly is forced to behave less … Boeing aircraft company was able to over its production costs of the first – jumbo jetll in the seventies because Boeing could market it...

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...

Leontief’s result were considered paradoxical because the United Stated was believed to be ?

A. technologically efficient relative to the rest of the world B. capital abundant relative to the rest of the world C. labor abundant relative to the rest of the world D. All of the above...

If tastes are identical between countries, then comparative advantage is determined by ?

A. supply condition only B. demand conditions only C. supply and demand conditions D. can’t tell without more information...