Multiple Choice
According to the Heckscher-Ohlin theory of trade, the most important cause of difference in relative commodity prices and trade between nations is a difference in
A) Factor endowment
B) Tastes
C) Demand conditions
D) All of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q1: According to physical criterion of the H-O
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Q3: The importance of international trade includes<br>A)Adverse terms
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Q7: The production possibility curve under increasing opportunity
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