True/False
Tastes are assumed to be identical across countries to rule out differences in demand determining the direction of trade.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q30: According to the HO model,countries with different
Q31: Which of the following is true about
Q32: According to the factor price equalization theorem,free
Q33: The HO model assumes that _ are
Q34: The assumption that the two goods are
Q36: The HO theorem states that a country
Q37: According the Stolper-Samuelson theorem,the scarce factor in
Q38: Both the classical and the HO model
Q39: One of the predictions of the HO
Q40: Answer the question(s)below based on the following