User Account

All Pages

Heckscher-ohlin theorem

Assignment Help Macroeconomics
Reference no: EM131166925

According to the Heckscher-Ohlin theorem, trade arises are due to

a. Differences in technology.

b. Differences in relative factor endowments and intensities.

c. Differences in tastes and preferences.

d. The existence of economies of scale in production.

Reference no: EM131166925

Questions Cloud

Product required the least amount of specialized investments : Andrew has decided to open an online store that sells home and garden products. After searching around, he chooses the software company Initech to provide the software for his website since their product required the least amount of specialized inves..
Availability of factor inputs across countries : Trade occurs because of differences in the availability of factor inputs across countries and differences in the proportions of those factor inputs used inproducing different products.
Construct a huffman code for the eight blocks of three bits : Suppose that in a long bit string the frequency of occurrence of a 0 bit is 0.9 and the frequency of a 1 bit is 0.1 and bits occur independently.
Find the dollar amount : What is the probability that a randomly selected customer spends between $65 and $85 at this store?-Find the dollar amount such that 75% of all customers spend no more than this amount.
Heckscher-ohlin theorem : According to the Heckscher-Ohlin theorem, trade arises are due to
Suppose economic boom causes incomes to increase : Suppose an economic boom causes incomes to increase and at the same time drives up wages for the sales reps who work for the cell phone companies. Explain what will happen to the demand for and supply of phones and predict the direction of the change..
Trade opens between the two countries : Assuming that Country A has a comparative advantage in wheat and Country B in wine, which of the following is true? a. The price of wheat in country B falls when trade opens between the two countries. b. The price of wine in country B falls when trad..
Why is values-based leadership so important to the influence : Why is values-based leadership so important to the influence of culture? Does a symbolic act communicate more about company values than an explicit statement? Explain thoroughly.
Annual cash flows over the expected life of the equipment : Calculate the items for proposed equipment purchase - Annual cash flows over the expected life of the equipment

Reviews

Write a Review

Macroeconomics Questions & Answers

  Finding number of labor

Acme is sole supplier of security systems in product market and sole employer of locksmiths in the labor market. The demand curve for security systems is given by P=100-Q.

  What factor to use for the length of the demand lag

Why is an increase in the number of varieties of a good regarded as a gain from trade? Can you think of economic disadvantages associated with greater product variety? Explain. Is the distinction between "intra-industry trade" and "inter industry t..

  Discuss the relationship between inflation and interest rate

Discuss the relationship between inflation and interest rate. Do an international relationship exist, yes no HOW?

  Conditions that encourage research and development

Why would firms in such an industry have little incentive to carry out technological change or much research and development.

  Write a paper on unemployment

Write a paper on UNEMPLOYMENT. The paper should be professionally prepared with all graphs computer-generated using relevant data, with the axes labeled.

  The real or the nominal interest rate

Which interest rate represents the opportunity cost of holding money - the real or the nominal interest rate? Explain and argue intuitively why the nominal interest rate (eg, the yield on a riskless bond) cannot fall below zero.

  Why do we consider a business-cycle expansion different from

Why do we consider a business-cycle expansion different from long-run economic growth? why do we care about the size of the long-run growth rate of real GDP versus the size of the growth rate of the population?

  Mixture of gasoline and ethanol

Ethanol is an environmentally friendly, alcohol-based alternative fuel produced from corn and other crops that contain starches. Several states have passed legislation that requires gas stations to sell a mixture of gasoline and ethanol.

  Competitive labor demand and labor supply model

Using the perfectly competitive labor demand and labor supply model, what would happen, all else equal, to the real wage and the number of workers in each of the cases below: A. There is an increase in the amount of physical capital as a result of po..

  Huge oil importing countries such as china or india

huge oil importing countries such as China or India

  What annual sum must he set aside

An engineer wishes to have $5 million by the time he retires in 40 years. Assuming 15% nominal interest, compounded continuously, what annual sum must he set aside?

  Illustrtae what is the point price elasticity of demand

The demand function for gadgets is providede by the following formula. Illustrtae what is the point price elasticity of demand.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd