The Stolper-Samuelson Theorem predicts
A) the level of productivity in export industries.
B) which factors are abundant.
C) the income distribution effects of trade.
D) which goods will be exported.
E) the importance of intraindustry trade.
C
Economics
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A government sometimes creates an excess supply of a product by setting a minimum price at which the product may be sold to consumers. This is sometimes called a
A) price ceiling. B) subsidy. C) tax. D) price floor.
Economics
Price ceilings are illegal in the United States
Indicate whether the statement is true or false
Economics