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Serhud [2]
3 years ago
6

Which of the following is NOT a proposition of the Heckscher-Ohlin model? Countries will completely specialize in the product in

which they have a comparative advantage if free trade is allowed to occur. If the United States is a skilled labor abundant country, then the United States has a comparative advantage in the production of goods that use skilled labor more intensively. The effect of international trade is to tend to equalize factor prices between the trading nations. A country has a comparative advantage in the production of that commodity which uses more intensively the country's more abundant resource.
Business
1 answer:
irina [24]3 years ago
8 0

Answer:

<em>Countries will completely specialize in the product in which they have a comparative advantage if free trade is allowed to occur. ( first choice)</em>

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const2013 [10]

Answer:

buying a second house

Explanation:

bonds have a high chance of providing returns whereas the housing market is very hard to predict

6 0
3 years ago
In an​ economy, the​ working-age population is 100 million. Of this​ total, 80.0 million workers are employed. 3.0 million worke
denis-greek [22]

Answer:

Unemployment rate = 3.6%

Explanation:

Unemployment is the number of people who are willing to work and are actively seeking work but are unable to find it. The unemployment rate is the unemployed / total number of people in the labor force x 100.

In the above scenario, the unemployed is 3 million people. The others are either already employed, unavailable, unwilling or not seeking work.

The labour force comprises of those who are employed and unemployed, that is 80million + 3million = 83 million.

Hence, unemployment rate = (3/83) x 100 = 3.6%

6 0
3 years ago
Because of the perceived downward sloping nature of a monopolist’s demand curve, the monopolist will charge a relatively low pri
Citrus2011 [14]

Because of the perceived downward sloping nature of a monopolist’s demand curve, the monopolist will charge a relatively low price at a<u> high level of output.</u>

<h3>What is demand curve?</h3>

Demand curve can be defined as a curve that help to show the relationship between the quantity of a product that is demanded and the price of the product at a specific period of time.

Hence, , the monopolist will charge a relatively low price at a high level of output based on the fact that in a situation where monopolist increases its output, he will tend to get a price.

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brainly.com/question/516635

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4 0
2 years ago
The process of leaving your money and any accumulated interest in an investment for more than one period, thereby reinvesting th
hichkok12 [17]

Compounding is known as the act of leaving your money and other accumulated interest in an investment for more than one period.

<h3>How do you explain the word compounding?</h3>

Compounding is known to be the method used when an interest is credited to a specific existing principal amount  and also to interest already paid.

It is the act of letting go of one's money and other compiled interest in an investment for a long time.

learn more about Compounding  from

brainly.com/question/2449900?source=archive

5 0
2 years ago
The aggregate demand curve slopes downward indicating that
Likurg_2 [28]

Answer: Diminishing marginal utility.

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4 0
3 years ago
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