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

Author Question: The Heckscher-Ohlin model differs from the Ricardian model of Comparative Advantage in that the ... (Read 121 times)

mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
on: Jun 30, 2018
The Heckscher-Ohlin model differs from the Ricardian model of Comparative Advantage in that the former
 
  A) has only two countries.
  B) has only two products.
  C) has two factors of production.
  D) has two production possibility frontiers (one for each country).
  E) has varying wage rates.

Question 2

The case of New Zealand, described in the text, is concerned with the country's
 
  A) prospects for long term growth.
  B) ability to sustain current account deficits.
  C) unproductive industrial sector and its prospects for long run growth.
  D) labor productivity.
  E) exchange rate volatility relative to other currencies.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

coreycathey

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


mrsjacobs44

  • Member
  • Posts: 500
Reply 2 on: Jun 30, 2018
Gracias!

cdmart10

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

« previous next »
 

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Lung Model Lung Model
A Dorsal view of a scan of the hand phalange of a child from Denisova that yielded mtDNA that differ A Dorsal view of a scan of the hand phalange of a child from Denisova that yielded mtDNA that differ
This chart illustrates the “drip down” model of government. In this, politics is formed by the soc This chart illustrates the “drip down” model of government. In this, politics is formed by the soc
Bronfenbrenner’s model of the ecological-systems approach to studying development. He suggested that Bronfenbrenner’s model of the ecological-systems approach to studying development. He suggested that
An Alternative Model of Global Stratification An Alternative Model of Global Stratification
A Model of Natural Selection Favoring the Heterozygous Genotype A Model of Natural Selection Favoring the Heterozygous Genotype
Video: Transcription - Introns and exons

For a complete list of videos, visit our video library