Interindustry trade can be explained by all of the following except ?

Related Mcqs:

Difference in environmental standards or other government regulations among nations ?

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...

According to the Heckscher-Ohlin model the source of comparative advantage is a country’s ?

A. technology B. advertising C. factor endowments D. both (a) and (c)...

Which trade theory contends that a country that initially develops and exports a new product may eventually become an importer of it and may no longer manufacture the product ?

A. Theory of factor endowments B. Theory of overlapping demands C. Economies of scale theory D. Product life cycle theory...

_____ 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...

In his empirical test of comparative advantage Wassily Leontief found that ?

A. U.S exports are capital intensive relative to U.S imports B. U.S imports are labor intensive relative to U.S exports C. U.S exports are neither labor nor capital intensive D. None of the above...