Multiple Choice
Should international transportation costs decrease, the effect on international trade would include
A) an increase in the total volume of trade.
B) a smaller gain from trade for exporters.
C) a decline in exported goods.
D) a decrease in the level of specialization in production.
Correct Answer:
Verified
Correct Answer:
Verified
Q103: From 2000-2010, which nation lost thousands of
Q104: The product lifecycle theory contends that when
Q105: Hong Kong is relatively abundant in labor,
Q106: The theory of overlapping demands argues that
Q107: A change in factor endowments tends to
Q109: With decreasing costs, a country has an
Q110: Relative to Kenya, Japan has relatively higher
Q111: Which of the following is NOT an
Q112: How does Staffan Linder explain world trade
Q113: Explain the impact of factor price equalization