The factor endowment model of international trade was developed by ?

Related Mcqs:

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)...

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-Ohl in model rules out the classical model’s basis for trade by assuming that _________ is (are) identical between countries?

A. factor endowments B. factor intensities C. technology D. opportunity costs...

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...