Linder's theory of overlapping demand provides an explanation of:
A. Product life cycle theory
B. Factor endowment model
C. Economies of large-scale production
D. Intra-industry trade
查看答案
Intra-industry trade can be explained in part by:
Adam Smith's principle of absolute advantage
B. Perfect competition in product markets
C. Diseconomies of large scale production
D. Transportation costs between and within nations
The Leontief paradox provided:
A. Support for the principle of absolute advantage
B. Support for the factor endowment model
C. Evidence against the factor endowment model
D. Evidence against the principle of absolute advantage
Which trade theory suggests that comparative advantage tends to shift from one nation to another as a product matures?
A. Interindustry trade theory
B. Intraindustry trade theory
C. Product life cycle theory
D. Overlapping demand theory
Which trade theory is tantamount to a short-run version of the factor price equalization theory?
A. Specific factors theory
B. Product life cycle theory
C. Economies of scale theory
D. Overlapping demand theory
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