This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The Heckscher-Ohlin theorem looks to ________ to explain trade flows. (Read 42 times)

lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by lb_gilbert on Apr 19, 2019

af

  • Sr. Member
  • ****
  • Posts: 356
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.
Answer Preview
Only 29% of students answer this correctly


lb_gilbert

  • Member
  • Posts: 588
Reply 2 on: Apr 19, 2019
:D TYSM

cassie_ragen

  • Member
  • Posts: 347
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Major reservoirs and flows of the hydrological cycle. Major reservoirs and flows of the hydrological cycle.
A Karman Vortex air flow sensor uses a triangle-shaped rod to create vortexes as the air flows ... A Karman Vortex air flow sensor uses a triangle-shaped rod to create vortexes as the air flows ...
Air flows through the PCV valve during idle, cruising, and light-load conditions. Air flows through the PCV valve during idle, cruising, and light-load conditions.
How to find the definite integral using the fundamental theorem of calculus (Part 1) How to find the definite integral using the fundamental theorem of calculus (Part 1)
Social scientists have not done well at devising theories to explain lovely romantic moments Social scientists have not done well at devising theories to explain lovely romantic moments
Explain the myogenic autoregulation of the glomerular filtration rate Explain the myogenic autoregulation of the glomerular filtration rate
Video: Introduction to Herpes

For a complete list of videos, visit our video library