Economists agree that wages of unskilled workers are being held down by
A. International trade
B. Technology improvements
C. Lack of education
D. A combination of a, b, and c
查看答案
The factor endowment theory states that comparative advantage is explained
A. Exclusively by differences in relative supply conditions
B. Exclusively by differences in relative national demand conditions
C. Both supply and demand conditions
D. None of the above
The factor endowment theory assumes
A. Same tastes and preferences
B. Factor inputs of uniform quality
C. Same technology
D. All of the above
In explaining international trade, the product life cycle theory focuses on
A. Tastes and preferences
B. The role of technological innovation
C. Per-capita income levels of netions
D. Both b and c
ConsideringFigure3.1priortotradebothChina’sandtheUSproductionoftextilesandaircraftis19and9.Whichofthefollowingrepresentsthepre-tradesituation?
A. ChinahasacomparativeadvantageintheproductionoftextilesandtheUShasacomparativeadvantageintheproductionofaircraft.
B. ChinahasacomparativeadvantageintheproductionofaircraftandtheUShasacomparativeadvantageintheproductionoftextiles.
Chinahasanabsoluteadvantageintheproductionofbothtextilesandaircraft.
D. TheUShasanabsoluteadvantageintheproductionofbothtextilesandaircraft.
微信支付 
支付宝支付