One of the rebuttals to Samuelson's critique of the free trade model is that:
A. the United States' ability to achieve constant returns to specialization is unparalleled.
B. the strict immigration policies of the United States help insulate the economy from inward migration.
C. introducing trade barriers may in fact be beneficial to developed nations to some extent.
D. developing nations are unlikely to upgrade the skill level of their workforce rapidly enough.
E. the developing nations are unlikely to run into diminishing returns in a near future.
D
You might also like to view...
Steps in a normal flow can be expressed in a conditional format
Indicate whether the statement is true or false
The activities that are directly related to the process by which products and services are created, marketed, sold, and delivered are called ________ activities
A) composite B) supporting C) compound D) primary