When the factors of production are immobile between countries:
A) it is difficult to conduct trade with another country.
B) specialization is faster in developing countries.
C) specialization is faster in developed countries.
D) trade is not based on comparative advantage.
E) one country's factor endowments can differ from another country's factor endowments.
Correct Answer:
Verified
Q1: Which of the following statements is true?
A)
Q2: Why is international trade viewed as a
Q4: International trade is a substitute:
A) for many
Q5: Worldwide, foreign direct investment:
A) inflows and outflows
Q6: Foreign direct investment is:
A) the purchase of
Q7: Setting up plants/factories in foreign countries is
Q8: Which of the following would be an
Q9: What percentage of foreign direct investment originates
Q10: Multinational corporations pursue direct foreign investment because:
A)
Q11: Which of the following is not a
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