Industrial structure refers to:
A) the percentage of output that is accounted for by each industry within a country.
B) the output that is accounted for by each industry within a country.
C) the types of industries in a country.
D) the percentage of industries that account for a country's exports.
E) the prices of the factors of production.
Correct Answer:
Verified
Q34: In the factor-proportions theory, international trade tends
Q35: If a capital-abundant country freely trades with
Q36: International trade tends to:
A) have no effect
Q37: Which theory explains how international trade affects
Q38: Factor-price equalization means that:
A) trade will have
Q40: Changes in industrial structure:
A) cause changes in
Q41: Suppose that Ecuador is a labor-abundant country
Q42: Assume that Mexico is labor abundant and
Q43: Assume that Mexico is a labor-abundant country
Q44: If country A is labor abundant and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents