True/False
According to the factor-endowment theory,a nation will export that good for which a large amount of the relatively scarce resource is used.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q20: Which trade theory contends that a country
Q21: When transportation costs are included in a
Q24: Although the theory of comparative advantage explains
Q24: A larger variety of products results from
Q25: Because seasons in the Southern Hemisphere are
Q28: Which of the following suggests that by
Q46: Intra-industry trade can be explained by product
Q53: A product will be traded only if
Q81: Explain how immigration and trade may worsen
Q89: In his test of the Heckscher-Ohlin model,