International Economics 8th Edition By Steven Husted – Test Bank
To Purchase this Complete Test Bank with Answers Click the link Below https://tbzuiqe.com/product/international-economics-8th-edition-by-steven-husted-test-bank/ If face any problem or Further information contact us At tbzuiqe@gmail.com Sample Questions International Economics, 8e (Husted/Melvin) Chapter 4 The Heckscher-Ohlin Theory 4.1 Multiple-Choice Questions 1) According to the Heckscher-Ohlin (HO) model the source of comparative advantage is a country’s A) technology. B) advertising. C) factor endowments. D) Both A and C. Answer: C 2) The HO model rules out the classical model’s basis for trade by assuming that ________ is (are) identical between countries. A) factor endowments B) factor intensities C) technology D) opportunity costs Answer: C 3) If tastes are identical between countries, then comparative advantage is determined by A) supply conditions only. B) demand conditions only. ...