Top Posters
Since Sunday
A
6
j
6
c
5
m
5
C
5
d
5
s
5
n
4
i
4
d
4
d
4
J
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Chako Chako
wrote...
Go to Answer
Posts: 2948
Rep: 22 2
8 years ago
The assumption of diminishing returns in the Heckscher-Ohlin model means that, unlike in the Ricardian model, it is likely that
A) global production will decrease under trade.
B) countries will benefit from free international trade.
C) comparative advantage will not determine the direction of trade.
D) countries will consume outside their production possibility frontier.
E) countries will not be fully specialized in one product.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 137 times
3 Replies
Replies
Answer verified by a subject expert
machukianmachukian
wrote...
#1
Top Poster
Posts: 2946
Rep: 36 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Chako Author
wrote...
#2
8 years ago
Makes a lot of sense, and you're right.. I appreciate the input
wrote...
#3
8 years ago
Good luck
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  802 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 694
  
 389
  
 594
Your Opinion
What's your favorite math subject?
Votes: 315
Previous poll results: What's your favorite coffee beverage?