« previous next »

Author Question: The factor proportions theory holds that countries should concentrate production on those products ... (Read 29 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
on: Jul 7, 2018
The factor proportions theory holds that countries should concentrate production on those products that use their most abundant production factors.
 
  Indicate whether the statement is true or false

Question 2

Why do you think the gold standard and mercantilism are considered opposites?
 
  What will be an ideal response?
International Business ¦ Daniels, Radebaugh, Sullivan ¦ 16th Edition
Buy Test-Bank


Swizqar

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jul 7, 2018
Answer to Question 1

TRUE

Answer to Question 2

The gold standard and mercantilism are opposites because the gold standard advocated the free export of gold while mercantilism advocated hoarding gold.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Cultural Variations in the Strange Situation Across cultures, most toddlers exhibit secure attachme Cultural Variations in the Strange Situation Across cultures, most toddlers exhibit secure attachme
Applying Signal Detection Theory Applying Signal Detection Theory
Countries of Origin of Asian Americans Countries of Origin of Asian Americans
Nurses should teach lactating women to avoid all drugs, herbal products, or dietary supplements ... Nurses should teach lactating women to avoid all drugs, herbal products, or dietary supplements ...
Population growth in India, China, Africa, and other countries in the developing world Population growth in India, China, Africa, and other countries in the developing world
Stem Cell Production Stem Cell Production
Video: Introduction to Epilepsy

For a complete list of videos, visit our video library