Question: Under certain conditions, the factor-price equalization theorem predicts that free trade will tend to equalize a factor's rate of pay in Multiple Choice all countries,

Under certain conditions, the factor-price equalization theorem predicts that free trade will tend to equalize a factor's rate of pay in

Multiple Choice
  • all countries, only if the factor itself is free to move between countries.
  • only those countries where the factor is available in sufficient quantities.
  • only those countries where the demand for the factor is great.
  • all countries, even if the factor itself is not free to move between countries.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Determine the reasons why factor prices do not equalise in the Heckscher-Ohlin factor price equalisation theorem. For this question, did I missed anything or is it correct? Introduction: Factor...

Q:

Determine the reasons why factor prices do not equalise in the Heckscher-Ohlin factor price equalisation theorem. For this question, the following is my answer, do let me know if I missed anything or...

Q:

GOOD DAY MY BEST WRITER ATTACHED HERE IS MY INT 620 FINAL PROJECT ,I AM ALSO ATTACHING WHAT I HAVE WRITTEN ON HISTORIC BACKGROUND, MILESTONE ONE ,AND MILESTONE TWO FOR YOU TO COMBINED UPGRADE AND DO...

Q:

Which of the following is NOT an assumption of the Hechscher-Ohlin model? Markets are competitive. Technology is the same across countries. The supply of factors of production grows over time....

Q:

chapter 6 \" International Management It was once said that the sun never set on the British Empire. Today, the sun does set on the British Empire, but not on the scores of global empires, including...

Q:

Multiple Choice Question According to the factor - price equalization theorem, free trade between two countries will, given certain conditions and assumptions, between those countries. equalize...

Q:

Why Do Employees Vote For a Union? In Unit # 1 we read about and discussed the typical reasons why employees may want to have a Union represent them. According to our text (pages 9-10), "employees...

Q:

Read the case scenario and use the text provided to support your answer and only used the text provided Case Scenario Dion is an engineer with Tesla Motors who helps to design electric motors. It has...

Q:

pen up something you found interesting, assuring or hopeful in the reading below. pen up something you found confusing, contradictory, or you simply didn't like in the reading below. pen up something...

Q:

I am having troubles doing this comparison of two companies. Im over thinking the work and need to get it simplified. I did most of the work just need you to check it over. Go to the Course Resources...

Q:

For the regression model for the bookstore of Exercise 1, what is the value of R2 and what does it mean?

Q:

R = Z6 then I E ZG 2 3

Q:

q , refers to technologies that intellectual property owners use to control access to their digital content. a . Enterprise architecture b . Digital rights management c . Internet resource management...

Q:

Premise: Using a dictionary and list, create a set of key / value pairs that consists of a musical database. The key / value pairs should consist of Artist Name: Song Names pattern. For example, EACH...