« previous next »

Author Question: The factor proportions theory holds that countries should concentrate production on those products ... (Read 84 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
on: Jul 7, 2018
The factor proportions theory holds that countries should concentrate production on those products that use their most abundant production factors.
 
  Indicate whether the statement is true or false

Question 2

Why do you think the gold standard and mercantilism are considered opposites?
 
  What will be an ideal response?
International Business ¦ Daniels, Radebaugh, Sullivan ¦ 16th Edition
Buy Test-Bank


Swizqar

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jul 7, 2018
Answer to Question 1

TRUE

Answer to Question 2

The gold standard and mercantilism are opposites because the gold standard advocated the free export of gold while mercantilism advocated hoarding gold.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Production efficiency. Production efficiency.
Primary production is positively correlated with the evapotranspiration rate. Primary production is positively correlated with the evapotranspiration rate.
For centuries, widows in the Mediterranean countries, such as thise widow in Greece, were expected ... For centuries, widows in the Mediterranean countries, such as thise widow in Greece, were expected ...
Consumption of animal products "استهلاك المنتجات الحيوانية" Consumption of animal products "استهلاك المنتجات الحيوانية"
The Production Function The Production Function
The graph of y = sqrt(x) is vertically stretched by a factor The graph of y = sqrt(x) is vertically stretched by a factor
Video: What are the Parts of a Plant Cell?

For a complete list of videos, visit our video library