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Concerning the influence that transportation costs have on the location of industry, which of the following industries has generally attempted to locate production facilities close to Resource supplies?

Autos
B. Steel
C. Soft drinks
D. Valuable electronics goods

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Assume that Country A, in the absence of trade, finds itself relatively abundant in labor and relatively scarce in land. The factor endowment theory reasons that with free trade, the internal distribution of national income in Country A will change in favor of:

A. Labor
B. Land
C. Both labor and land
D. Neither labor nor land

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When considering the effects of transportation costs, the conclusions of our trade model must be modified. this is because transportation costs result in:

A. Lower trade volume, higher import prices, smaller gains from trade
B. Lower trade volume, lower import prices, smaller gains from trade
C. Higher trade volume, higher import prices, smaller gains from trade
D. Higher trade volume, lower import prices, greater gains from trade

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Chinese manufacturers face rising wages because of:

A. China's one-child policy
B. land policies
C. bureaucratic delay in being declared an urban dweller
D. all of these

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Assume the cost of transporting autos from Japan to Canada exceeds the pretrade price difference for autos between Japan and Canada. Trade in autos is:

A. Impossible
B. Possible
C. Highly profitable
D. Moderataly profitable

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Concerning the influence that transportation costs have on the location of industry, which of the following industries has generally attempted to locate production facilities close to Resource supplies?

Autos B. Steel C. Soft drinks D. Valuable electronics goods

Assume that Country A, in the absence of trade, finds itself relatively abundant in labor and relatively scarce in land. The factor endowment theory reasons that with free trade, the internal distribution of national income in Country A will change in favor of:

When considering the effects of transportation costs, the conclusions of our trade model must be modified. this is because transportation costs result in:

Chinese manufacturers face rising wages because of:

Assume the cost of transporting autos from Japan to Canada exceeds the pretrade price difference for autos between Japan and Canada. Trade in autos is:

Autos
B. Steel
C. Soft drinks
D. Valuable electronics goods