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Chako Chako
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Posts: 2948
8 years ago
In the specific factors model, the effects of trade on welfare are ________ for mobile factors, ________ for fixed factors used to produce the exported good, and ________ for fixed factors used to produce the imported good.
A) ambiguous; positive; negative
B) ambiguous; negative; positive
C) positive; positive; positive
D) negative; ambiguous; ambiguous
E) positive; ambiguous; ambiguous
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 177 times
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Answer verified by a subject expert
machukianmachukian
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Posts: 2946
7 years ago
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Chako Author
wrote...
7 years ago
Correct!
wrote...
7 years ago
Thanks for the feedback, I'm sure others will appreciate it too
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