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Category > Economics Posted 04 May 2017 My Price 5.00

Countries export commodities produced through

“Countries export commodities produced through the intensive use of factors which they possess in abundance. Labor abundant countries export labor-intensive commodities and import capital-intensive commodities.” This statement is

a. Classical Smith/Ricardo trade theory b. the Stolper-Samuelson Theorem

c. The Leontief paradox c. the modern trade theory

d. None of the above

e. it is impossible to tell from the above, since none of the specific differing values achieved by the above methods cannot easily be prioritized by democratic processes.

a West German firm pays $3 million in interest to the holders of its bonds in the US.

 

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Status NEW Posted 04 May 2017 04:05 PM My Price 5.00

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file 1493914203-Answer.docx preview (110 words )
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