True/False
The factor-endowment theory asserts that with specialization and trade there tends to occur an equalization in the relative resource prices of trading partners.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q38: Industrial processes that add weight or bulk
Q94: The Heckscher-Ohlin theory rules out the basis
Q96: Does factor price equalization occur in the
Q97: Which trade theory suggests that comparative advantage
Q99: Figure 3.1China - US Trade Possibilities<br> <img
Q101: The Leontief paradox provided:<br>A) Support for the
Q102: According to Staffan Linder, the factor-endowment theory
Q103: From 2000-2010, which nation lost thousands of
Q103: According to Staffan Linder,trade between two countries
Q134: The Heckscher-Ohlin theory asserts that trade should