Supply-Side Policies & Sources of Comparative Advantage Mcqs


Q.  The trade model of the Swedish economies Heckscher and Ohlin maintains that ?

a. Absolute advantage determines the distribution of the gains from trade
b. Comparative advantage determines the distribution of the gains from trade
c. The division of labor is limited by the size of the world market
d. A country exports goods for which its resource endowments are most suited


ANSWER: See Answer
 
No explanation is available for this question!
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