If,at unchanged terms of trade,a nation wants to trade more after growth,then for a large country,the nation's terms of trade can be expected to:
A) deteriorate
B) improve
C) remain unchanged
D) any of the above
Correct Answer:
Verified
Q1: The capital to labor ratios of countries
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
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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