Homework Clinic

Social Science Clinic => Business => Topic started by: karen on Jun 13, 2021

Title: Leontief predicted that if the Heckscher-Ohlin theory held, then the United States would ________.
Post by: karen on Jun 13, 2021

Question 1

Japan exports Toshiba Computers to the United States, and the United States exports Apple Computers to Japan. This is an example of ________.
◦ mercantilism
◦ diversification
◦ interindustry trade
◦ intraindustry trade

Question 2

Leontief predicted that if the Heckscher-Ohlin theory held, then the United States would ________.
◦ import capital-intensive goods
◦ import products such as steel
◦ export products such as shoes
◦ export bulk chemicals and steel
Title: Leontief predicted that if the Heckscher-Ohlin theory held, then the United States would ________.
Post by: aham8f on Jun 13, 2021

Answer 1

intraindustry trade

Answer 2

export bulk chemicals and steel