« previous next »

Author Question: The factor proportions theory holds that countries should concentrate production on those products ... (Read 90 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?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Countries of Origin of Asian Americans Countries of Origin of Asian Americans
Liquid Formulations of Herbal Products Liquid Formulations of Herbal Products
Risk Factor Categories for Atherosclerotic Cardiovascular Disease Risk Factor Categories for Atherosclerotic Cardiovascular Disease
How to Factor a Difference of Squares How to Factor a Difference of Squares
Life Expectancy in Developed Countries Life Expectancy in Developed Countries
Which holds more Which holds more
Video: Nervous pathway to the Neuromuscular (NMJ)

For a complete list of videos, visit our video library