Public saving is equal to national saving minus private saving

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

True

Economics

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International trade leads to complete equalization of factor prices. Discuss

What will be an ideal response?

Economics

According to the Heckscher-Ohlin theory, comparative advantage is based on:

a. labor productivity differences. b. product life cycles. c. the availability of skilled resources. d. consumer tastes and preferences. e. the relative abundance of the factors of production.

Economics