MCQs: The factor endowment model of international trade was developed by ?
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MCQs: Interindustry trade can be explained by all of the following except ?
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MCQs: A product will be traded only if the pre-trade price difference between the two countries ?
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MCQs: Assume that Country A is relatively abundant in labor and Country B is relatively abundant in land Note that wages are the returns to labor and rents are the returns to land According to the factor price equalization theorem, once Country A begins specializing according to comparative advantage and trading with Country B: A. wages and rents should fall in Country A B. wages and rents should rise in Country A C. wages should rise and rents should fall in Country A D. wages should fall and rents should raise in Country A ?
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MCQs: The factor endowment theory was pioneered by ?
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MCQs: Wassily Leontief’s results can be interpreted as ?
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MCQs: Leontief’s result were considered paradoxical because the United Stated was believed to be ?
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MCQs: In his empirical tests, Wassily Leontief used an input-output table to ?
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MCQs: Wassily Leontief used an input output table in order to test the ?
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MCQs: 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 ?
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MCQs: By reducing the volume of trade transportation costs tend to ?
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MCQs: The analyzes the income distribution effects of trade in the short run when resources are immobile among industries ?
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MCQs: The comparative advantage model of Ricardo was based on ?
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MCQs: According to the Heckscher-Ohlin model the source of comparative advantage is a country’s ?
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MCQs: Difference in environmental standards or other government regulations among nations ?
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MCQs: Intra-industry trade theory ?
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MCQs: Should international transportation costs decrease the effect on international trade would include a (an) ?
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MCQs: 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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MCQs: According to the factor endowment model of Heckscher and Ohlin, countries heavily endowed with land will ?
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MCQs: The theory of overlapping demand predicts that trade in manufactured goods is unimportant for countries with very different ?
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