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

Author Question: The effect of an export tariff on a large country is to ________ the terms of trade. A) always ... (Read 46 times)

ETearle

  • Hero Member
  • *****
  • Posts: 580
on: Jun 30, 2018
The effect of an export tariff on a large country is to ________ the terms of trade.
 
  A) always improve
  B) sometimes improve
  C) leave unchanged
  D) sometimes worsen
  E) always worsen

Question 2

Which of the following is an assertion of the Heckscher-Ohlin model?
 
  A) The wage-rental ratio is determined by relative product prices.
  B) An increase in a country's labor supply will increase production of both the capital-intensive and the labor-intensive good.
  C) In the long-run, labor is mobile and capital is not.
  D) Factor price equalization will occur only if there is costless mobility of all factors across borders.
  E) Factor endowments determine the technology that is available to a country, which determines the good in which the country will have a comparative advantage.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aruss1303

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


ETearle

  • Member
  • Posts: 580
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

tkempin

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Seven black members of Congress in 1871 are from left to right: Senator Hiram Revels (R-MS) and Repr Seven black members of Congress in 1871 are from left to right: Senator Hiram Revels (R-MS) and Repr
The fact that a mother works outside the home has no negative effect on the well-being of her child ... The fact that a mother works outside the home has no negative effect on the well-being of her child ...
Hall-effect switches use metallic shutters to shunt magnetic lines of force away from a silicon ... Hall-effect switches use metallic shutters to shunt magnetic lines of force away from a silicon ...
Actions of mutM, mutT, and mutY gene products in countering the mutagenic effect of 8-oxoguanine -oG Actions of mutM, mutT, and mutY gene products in countering the mutagenic effect of 8-oxoguanine -oG
Effect of an Increase in R&D in the Follower Country on the Steady State Effect of an Increase in R&D in the Follower Country on the Steady State
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
Video: Major Elements in Biological Molecules: Nucleic acids

For a complete list of videos, visit our video library