A capital-intensive country exports products that are capital intensive. which theory is this an example of International trade theory.
Heckscher-Ohlin theory, in economics, a theory of comparative advantage in international trade according to which countries in which capital is relatively plentiful and labor relatively scarce will tend to export capital-intensive products and import labor-intensive products.
while countries in which labor is relatively plentiful and capital relatively scarce will tend to export labor-intensive products and import capital-intensive products.
The theory was developed by the Swedish economist Bertil Ohlin (1899–1979) . For his work on the theory, Ohlin was awarded the Nobel Prize for Economics .
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Answer: General
Explanation:
General deterrence theory is the justice concept in terms of crime that holds back illegal and criminal activities done by people. It is based on the punishment and penalties as the consequence of the illegal act conducted by any person which discourages other people from doing the same.
As the punishment is severe, it creates an environment of fear in mind of people and thus they do not attempt such type of criminal acts which can lead to the same punishment.
Answer:
a measure of statistical dispersion intended to represent the income or wealth distribution of a nation's residents, and is the most commonly used measurement of inequality
Explanation:
<span>Because without the free enterprise system America would have no freedom inside their business and would be told how to sell it for how much and only sell certain things</span>
