According to the factor price equalization theorem, the ________ factor should oppose free trade policies in any given country

Which of the following are not included in the consumption component of gross domestic product?

a. Purchases of stocks and bonds. b. Consumer durable goods c. Nondurable consumption goods d. Consumer services

If entry into an industry was very easy, the four firm concentration ratio would not be a very useful index of the competitiveness in that industry

a. True b. False Indicate whether the statement is true or false