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:
A). Often come with strings attached.
Explanation:
According to the question, Federal money is one of the vital elements of the Texas budget and this is the reason that the fund or grants received by Texas 'often come with strings attached' from the federal government to categorize the funds for different programs and purposes. The federal government redistributes the revenue(from taxes, etc.) in the form of these grants and funds in order to fulfill the needs of the people and promote their growth and development. Thus, <u>option A</u> is the correct answer.
Answer:
During the 1787 convention, Sherman proposed that House representation be based on the population, while in the Senate, the states would be equally represented. ... Once delegates established equal representation in the Senate, they needed to determine how many senators would represent each state
Explanation:
During the 1787 convention, Sherman proposed that House representation be based on the population, while in the Senate, the states would be equally represented. ... Once delegates established equal representation in the Senate, they needed to determine how many senators would represent each state