The theory that a nation exports those products for which a large domestic market exists was advanced by:
A) Linder
B) Vernon
C) Leontief
D) Ohlin
Correct Answer:
Verified
Q1: Trade based on technological gaps is closely
Q2: The Heckscher-Ohlin and new trade theories explains
Q3: A great deal of international trade:
A)is intra-industry
Q4: Transport costs can be analyzed:
A)with demand and
Q6: Which of the following assumptions of the
Q7: Relaxing the assumptions on which the Heckscher-Ohlin
Q8: If a nation exports twice as much
Q9: Intra-industry trade takes place:
A)because products are homogeneous
B)in
Q10: The share of transport costs will fall
Q11: Which of the following statements is true
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