In a twosector (manufacturing and agriculture) specific
Factors model:
A) land, labor, and capital are transferable between sectors.
B) labor is transferable between sectors.
C) land is transferable between sectors.
D) capital is transferable between sectors.
Correct Answer:
Verified
Q1: The argument that trade generates gains for
Q3: Under free trade and comparative advantage, the
Q4: In the twosector (manufacturing and agriculture)
Specificfactors model,
Q5: In the twosector (manufacturing and agriculture)
Specificfactors model,
Q6: Because of the "law of diminishing marginal
Q7: In contrast to the Ricardian model, international
Q8: In a twosector (manufacturing and agriculture) specific
Factors
Q9: What resource is specific to the agriculture
Q10: The specificfactors model is termed a "shortrun"
Q11: Bolivia's government attempted to solve some of
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