Author Question: The ________ is a theory of the balance of trade that emphasizes how domestic spending on domestic ... (Read 123 times)

mia

  • Hero Member
  • *****
  • Posts: 564
The ________ is a theory of the balance of trade that emphasizes how domestic spending on domestic goods changes relative to domestic output.
 
  A) absorption approach
  B) monetary approach
  C) pass-through analysis
  D) elasticities approach

Question 2

Suppose that Brazil is capital abundant and Chile is natural resource abundant. If timber is natural resource intensive and computers are capital intensive, then according to the Heckscher-Ohlin Theorem, Chile should export goods that
 
  A) intensively use labor input.
  B) intensively use capital input.
  C) intensively use natural resources.
  D) use capital and labor in about equal proportions.



Toya9913

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

For a complete list of videos, visit our video library