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Author Question: The Heckscher-Ohlin theorem looks to ________ to explain trade flows. (Read 18 times)

lb_gilbert

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on: Apr 19, 2019

Question 1

Which of the following phenomena 
cannot be explained by the simple comparative advantage theory?


◦ A country that does not have much farmland tends to import agricultural goods.
◦ A country with a lot of skilled labor tends to export highly technical goods.
◦ A country tends to export the goods that it can produce at a lower opportunity cost.
◦ A country imports and exports the same goods.

Question 2

The Heckscher-Ohlin theorem looks to ________ to explain trade flows.


◦ relative factor endowments
◦ the existence of trade barriers
◦ acquired comparative advantage
◦ the differences in preferences among consumers
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by lb_gilbert on Apr 19, 2019

af

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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lb_gilbert

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

marict

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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