The increasing-returns-to-scale model of trade:
A) shows that countries can export without having a comparative advantage.
B) cannot tell us which increasing returns industry will become the export industry.
C) shows that countries cannot gain from international trade.
D) suggests countries should not interfere with international trade.
Correct Answer:
Verified
Q1: An industry whose cost of producing additional
Q2: Paul Krugman showed that in the case
Q3: Paul Krugman showed that in the case
Q4: Increasing returns to scale can help to
Q6: According to the two-country Heckscher-Ohlin model, international
Q7: A multinational enterprise (TNC) is defined as
Q8: According to the textbook, there is evidence
Q9: Horizontal foreign direct investment (FDI) refers to
Q10: All other things equal, the creation of
Q11: TNCs have gained great political power via:
A)
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