This topic contains a solution. Click here to go to the answer

Author Question: In the 2-factor, 2 good Heckscher-Ohlin model, the production possibility frontier is kinked when ... (Read 187 times)

leo leo

  • Hero Member
  • *****
  • Posts: 566
In the 2-factor, 2 good Heckscher-Ohlin model, the production possibility frontier is kinked when
 
  A) there is no factor substitution in production.
  B) the opportunity cost of production is constant.
  C) there are unemployed factor resources.
  D) a country does not engage in trade.
  E) transportation costs are very high.

Question 2

A trade policy designed to alleviate some domestic economic problem by exporting it to foreign countries is know as a(n)
 
  A) international dumping policy.
  B) countervailing tariff policy.
  C) beggar thy neighbor policy.
  D) trade adjustment assistance policy.
  E) redistribution quota policy.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ansleighelindsey

  • Sr. Member
  • ****
  • Posts: 364
Answer to Question 1

A

Answer to Question 2

C




leo leo

  • Member
  • Posts: 566
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

For a complete list of videos, visit our video library