Which of the following emphasizes that production differences among countries are due to the availability of skilled and unskilled labor?
A) The Ricardian model
B) Preferences
C) The product life cycle theory
D) The factor abundance theory
E) The human skills approach
Correct Answer:
Verified
Q33: The basic idea behind the human skills
Q34: According to the factor abundance theory of
Q35: According to the factor abundance theory of
Q36: Which of the following statements is false?
A)
Q37: According to the Ricardian model, differences in
Q39: According to the human skills theory of
Q40: The oldest theory on the source of
Q41: Developing countries often justify tariffs as an
Q42: International trade on the basis of comparative
Q43: Industries that are truly critical to national
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