Identify the theory that predicts that countries will export those goods that make intensive use of factors that are locally abundant.
A) Theory of comparative advantage
B) Ricardo theory
C) New trade theory
D) Heckscher-Ohlin theory
Correct Answer:
Verified
Q55: Country X, a poor country, invents a
Q59: Which of the following is a major
Q64: Which of the following is one of
Q65: Which of the following terms refers to
Q66: Which of the following is an example
Q68: What will happen, according to Paul Samuelson's
Q71: Which of the following statements is true
Q72: Identify the theory that argues that advanced
Q74: Company A entered the production of office
Q74: Which of the following terms refers to
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