Based on the above figure, up to which level of output will Ike's Ice Cream Kitchen have increasing marginal returns?

The Heckscher-Ohlin model predicts all of the following EXCEPT

A) the volume of trade. B) which country will export which product. C) which factor of production within each country will gain from trade. D) that relative wages will tend to become equal in both trading countries. E) that trade increases a country's overall welfare.

The seignorage for a government is greater for ________ than for ________

A) dollarization; a currency board B) dollarization; exchange-rate targeting C) dollarization; monetary targeting D) dollarization; inflation targeting E) exchange-rate targeting; dollarization