Wassily Leontief used an input output table in order to test the ?

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...

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...

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...