Which of the following is explained well by the specific-factor approach (Ricardo-Viner model) ?
A) Steel workers and steel factory owners both lobby for tariffs on imported steel.
B) Steel workers and agricultural workers join together to oppose tariffs.
C) Owners of factories in a country with abundant fertile land promote free trade.
D) Workers in an automobile factory promote free trade while the factory owners lobby for tariffs on imported cars.
Correct Answer:
Verified
Q23: Which of the following explains why the
Q24: What is "dumping"?
A)Subsidizing domestic production of goods
B)Destroying
Q25: A major effect of trade barriers such
Q26: Which of the following is explained well
Q27: Why can trade negotiations between two countries
Q29: Which of the following countries is most
Q30: Which type of actor does the newer
Q31: What is the effect of trade barriers?
A)Imports
Q32: The key assumption distinguishing the Ricardo-Viner (RV)model
Q33: Which of the following is an implication
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