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

Author Question: The Heckscher-Ohlin theorem looks to ________ to explain trade flows. (Read 24 times)

lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
on: Apr 19, 2019

Question 1

Which of the following phenomena 
cannot be explained by the simple comparative advantage theory?


◦ A country that does not have much farmland tends to import agricultural goods.
◦ A country with a lot of skilled labor tends to export highly technical goods.
◦ A country tends to export the goods that it can produce at a lower opportunity cost.
◦ A country imports and exports the same goods.

Question 2

The Heckscher-Ohlin theorem looks to ________ to explain trade flows.


◦ relative factor endowments
◦ the existence of trade barriers
◦ acquired comparative advantage
◦ the differences in preferences among consumers
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by lb_gilbert on Apr 19, 2019

af

  • Sr. Member
  • ****
  • Posts: 356
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


lb_gilbert

  • Member
  • Posts: 588
Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

EAN94

  • Member
  • Posts: 307
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

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.

Mechanisms to Explain the Effects of Massage Mechanisms to Explain the Effects of Massage
How to find the definite integral using the fundamental theorem of calculus (Part 3) How to find the definite integral using the fundamental theorem of calculus (Part 3)
Ocean water flows vertically and horizontally, influencing climate Ocean water flows vertically and horizontally, influencing climate
Pyroclastic Flows Pyroclastic Flows
Explain how it can be desirable from an intertemporal perspective for a country run a current ... Explain how it can be desirable from an intertemporal perspective for a country run a current ...
Please explain the different Rf values for xanthophyll’s in paper chromatography compared to ... Please explain the different Rf values for xanthophyll’s in paper chromatography compared to ...
Video: Major Elements in Biological Molecules: Carbohydrates

For a complete list of videos, visit our video library