Multiple Choice
Chinese manufacturers face rising wages because of
A) China's one-child policy.
B) increased migration to the cities.
C) reductions in Chinese interest rates.
D) restrictions on Chinese labor unions.
Correct Answer:

Verified
Correct Answer:
Verified
Q87: External economies of scale exist when an
Q88: Stringent governmental regulations (e.g., air quality standards)
Q89: In his test of the Heckscher-Ohlin model,
Q90: Ricardo's theory of comparative advantage is a
Q91: Intra-industry trade would occur if computers manufactured
Q93: Eli Heckscher and Bertil Ohlin are associated
Q94: The Heckscher-Ohlin theory contends that over a
Q95: In the United States, most low-skilled manufacturing
Q96: Proponents of _ maintain that government should
Q97: Explain how the Airbus-Boeing subsidies are justified