The orthodox neoclassical Heckscher-Ohlin model is unrealistic because:
A) of the growing competitiveness of business.
B) of the rapid concentration of business activity into transnational corporations (TNCs) .
C) of the predominance of diminishing returns industries in international trade.
D) All of the above.
E) None of the above.
Correct Answer:
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Q1: Once the Heckscher-Ohlin (HO) model's assumptions of
Q3: Adam Smith (1776) famously criticized the "mercantilists"
Q4: Brazil was colonized in 1500 by:
A) Spain
B)
Q5: Brazil's first major export was:
A) coffee
B) sugar
C)
Q6: During its colonial era, Brazil's economy:
A) developed
Q7: After its independence, Brazil:
A) continued to depend
Q8: Until the twentieth century, Brazil's economy was
Q9: During its colonial era and its early
Q10: Why did colonial Brazil begin importing slaves
Q11: Brazil's economic policies after the 1930 crash
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