Which of the following is true of the heckscher-ohlin theory? multiple choice
a. it argues t...
Which of the following is true of the heckscher-ohlin theory? multiple choice
a. it argues that it is in a country’s best interests to maintain a trade surplus.
b. it is a good predictor of real-world international trade patterns. viewed from an asian or european perspective, its main argument seems ethnocentric and increasingly dated.
c. it argues that the pattern of international trade is determined by differences in factor endowments.
d. it makes more simplifying assumptions than the theory of comparative advantage.
Answers: 1
Business, 21.06.2019 20:40, gstevens
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Answers: 3
Business, 22.06.2019 12:10, gingerham1
Laws corporation is considering the purchase of a machine costing $16,000. estimated cash savings from using the new machine are $4,120 per year. the machine will have no salvage value at the end of its useful life of six years and the required rate of return for laws corporation is 12%. the machine's internal rate of return is closest to (ignore income taxes) (a) 12% (b) 14% (c) 16% (d) 18%
Answers: 1
Business, 22.06.2019 21:10, izzy201995
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Answers: 3
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