The Shipbreakers of Alang utilize much labor and little capital, thereby supporting the applicability of the
A) factor proportions explanation of the sources of comparative advantage.
B) specific factor theory of comparative advantage.
C) monopolistic competition theory of comparative advantage.
D) scale economies theory of comparative advantage.
E) basis of the non-dumping legislation.
A
You might also like to view...
Which of the following statements is true?
A) There always exists some amount of unemployment in an economy. B) The unemployment in an economy normally increases at times of expansion and decreases at times of contraction. C) In almost every economy, each job opening is instantly filled by a qualified worker. D) The unemployment rate in an economy is constant over the long run.
Which of the following is NOT a characteristic of monopoly market structures?
A. There are no barriers to entry. B. A single firm produces the entire market output. C. No close substitutes for the product are available. D. The easier consumers can find imperfect substitutes for the firm's product the lower will be the firm's market power.
Answer the following statement(s) true (T) or false (F)
1. A perfect order is one that is received, processed, picked, packed, shipped, documented, and delivered on time without damage. 2. A perfect order is one that is received, processed, picked, packed, shipped, documented, and delivered on time without damage. 3. In logistics, attention to detail is important. This means that all relationships are created equal. 4. Only about 20% of all relationships are transctational in nature. 5. Growing your business by increasing sales with loyal customers is five times more expensive than finding and developing new customers.
The price index values used to calculate headline and core inflation for 2012 through 2016 are found in the table below:
S1 annual inflation rate S2 annual inflation rates b. Which series represents core inflation?