The capital to labor ratios of countries over the last three decades has generally
A) risen
B) fallen
C) remained relatively unchanged
D) risen in developed nations and fallen in developing nations
Correct Answer:
Verified
Q2: Empirical studies have generally shown that most
Q3: Doubling L is likely to:
A)increases the relative
Q4: The Rybczynski theorem postulates that doubling L
Q4: Doubling only the amount of L available
Q5: If,at unchanged terms of trade,a nation wants
Q6: Dynamic factors in trade theory refer to
Q7: Doubling L with trade in a small
Q9: In the absence of trade,technical progress
A) tends
Q11: An increase in tastes for the import
Q11: Technical progress is usually classified into all
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