True/False
The factor-proportions theory predicts that the pattern of trade is determined mostly by country differences in tastes and preferences.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q42: The factor-proportions theory of international trade implies
Q43: The abundance of a particular factor of
Q44: Discuss how international trade tends to change
Q45: Suppose that Bolivia is labor abundant, and
Q46: The factor-proportions theory of international trade states
Q48: If a country is abundant in labor
Q49: According to factor price equalization, if Country
Q50: International trade tends to:<br>A) have no effect
Q51: A country that is labor abundant relative
Q52: No member of society ever loses because