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The Heckscher-Ohlin theory ________ in explaining why some countries export oil while others export textiles. A. emphasizes international differences in labor productivity B. emphasizes international differences in cultural histories C. emphasizes the interplay between the proportions in which the factors of production (such as land, labor, and capital) are available in different countries D. emphasizes international differences in intellectual capital
The Heckscher-Ohlin theory emphasizes the interplay between the proportions in which the factors of production (such as land, labour, and capital) are available in different countries in explaining why some countries export oil while others export textiles.
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Asked 9/16/2013 5:02:53 PM
Updated 1/1/2017 11:29:12 PM
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The Heckscher-Ohlin theory emphasizes the interplay between the proportions in which the factors of production (such as land, labour, and capital) are available in different countries in explaining why some countries export oil while others export textiles.
Added 1/1/2017 11:29:12 PM
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The flaw with mercantilism was that it viewed trade as a(n) __________. A. non essential economic activity B. threat to a government's independence C. economic necessity D. zero-sum game
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Updated 88 days ago|6/28/2018 3:27:10 AM
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The flaw with mercantilism was that it viewed trade as a zero-sum game.
Added 88 days ago|6/28/2018 3:27:10 AM
This answer has been confirmed as correct and helpful.
Confirmed by Masamune [6/28/2018 6:11:14 AM], Masamune [6/28/2018 6:11:14 AM]
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