Because of substantial economies of scale, the _____ theory argues that trade can increase the variety of goods available to consumers. A: absolute advantage B: technological gap C: new trade D: factor endowments

2022-06-12

Because of substantial economies of scale, the _____ theory argues that trade can increase the variety of goods available to consumers. A: absolute advantage B: technological gap C: new trade D: factor endowments

Because of substantial economies of scale, the _____ theory argues that trade can increase the variety of goods available to consumers.
A: absolute advantage
B: technological gap
C: new trade
D: factor endowments

答案：

C

举一反三

International trade can be based on economies of scale even if both nations have identical: A: factor endowments B: tastes C: technology D: all of the above
Countries trade with each other because they are _______ and because of ______ A: different, costs B: similar, scale economies C: different, scale economies D: similar, costs
The theory of absolute advantage and the relative theory of interest are the traditional theory claiming ( ). A: free trade B: protection trade C: state intervention D: state intervention combined with laissez faire
( ) determines the direction of trade and the limits to<br/>mutually beneficial trade. A: Specialization B: Absolute advantage C: Factor abundance D: Comparative advantage
A dynamic welfare gain resulting from the formation of the European Union would be: A: Trade diversion B: Trade craetion C: Diseconomies of scale D: Economies of scale

内容

0
Which trade theory is tantamount to a short-run version of the factor price equalization theory?
1
_______explains how mutually beneficial trade can take place even when one nation is less efficient than another nation in the production of all commodities.（） A: Mercantilism B: The law of comparative advantage C: The labor theory of value D: The law of absolute advantage
2
Nations engage in trade primarily because no nation can produce all of the goods and services that it needs.
3
The H-O model extends the classical trade model by: A: explaining the basis for comparative advantage B: examining the effect of trade on factor prices C: both A and B D: neither A nor B
4
Which of the the following statements is true true ? ( ) A: “Two countries can achieve gains from trade even if one of the<br/>countries has an absolute advantage in the production of all goods.” B: “Certain very talented people have a comparative advantage in<br/>everything they do.” C: “If a certain trade is good for one person, it can’t be<br/>good for the other one.” D: “If trade is good for a country, it must be good for everyone in the country.”