Which of the following is a theory that can be used to justify limited government intervention to support the development of certain export-oriented industries?
A) comparative advantage theory
B) Ricardo's theory
C) new trade theory
D) Heckscher-Ohlin theory
Correct Answer:
Verified
Q32: Which of the following refers to a
Q33: _ argued that countries should specialize in
Q34: _ stresses that in some cases countries
Q35: Which of the following theories emphasizes the
Q36: The _ argues that a large proportion
Q38: David Ricardo's theory of comparative advantage explains
Q39: The _ theory argues that the pattern
Q40: _ are unit cost reductions associated with
Q41: The theory of comparative advantage provides strong
Q42: Which of the following statements is true
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