Multiple Choice
Which of the following economists proposed an international trade model that explains international trade patterns using factor proportions?
A) Paul Krugman and Elhanan Helpman
B) David Ricardo
C) Eli Heckscher and Bertil Ohlin
D) John Maynard Keynes
Correct Answer:

Verified
Correct Answer:
Verified
Q14: When increasing amounts of a variable factor
Q15: Country Y has 15 thousand acres of
Q16: The production-possibility curve illustrates the consumption preferences
Q17: Assume a two-country, two-good, and two-input model.
Q18: Assume a two-country two-good two-input model where
Q20: Which of the following best explains why
Q21: The figure given below shows the production-possibility
Q22: Assume a two-country two-good two-input model. Let
Q23: In a two-country two-good model, the opening
Q24: Assume a two-country two-good two-input model where