Multiple Choice
International trade can have important effects on the distribution of income because
A) the more powerful country dictates the terms of trade.
B) of government corruption.
C) different countries use different currencies.
D) some resources are immobile in the short run.
E) rich countries take advantage of poor countries.
Correct Answer:

Verified
Correct Answer:
Verified
Q21: In the specific factors model,which of the
Q22: A factor of production that cannot be
Q23: In the four- quadrant diagram of the
Q24: The Ricardian two- country,two- good model predicts
Q25: A factor of production that can be
Q27: The specific factors model was developed by<br>A)Richard
Q28: In the specific factors model,a 5% increase
Q29: Japan's trade policies with regard to rice
Q30: The specific factors model assumes that there
Q31: The slope of a country's production possibility