Solved

The Factor Endowment Theory Is Identified As

Question 40

Multiple Choice

The factor endowment theory is identified as:


A) Theory that suggests that strategic intervention by governments in certain industries can enhance their odds for international success.
B) Economic theory that accounts for changes in the patterns of trade over time.
C) Proposition that nations will develop comparative advantage based on their locally abundant factors.
D) Theory that the competitive advantage of certain industries in different nations depends on four aspects that form a diamond.

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