Which of the following economists proposed an international trade model that explains international trade patterns using factor proportions?
A) Paul Krugman and Elhanan Helpman
B) David Ricardo
C) Eli Heckscher and Bertil Ohlin
D) John Maynard Keynes
Correct Answer:
Verified
Q1: Assume a two-country two-good two-input model where
Q2: The figure given below shows the post-trade
Q3: In international trade jargon, constant cost production-possibility
Q5: Assume a two-country two-good two-input model where
Q6: In the figure given below AB is
Q7: China has 20% of the world's population
Q8: In the figure given below AB is
Q9: The figure given below shows the post-trade
Q10: The figure given below shows the post-trade
Q11: Consider a two-country two-good model where labor
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