Most economists prefer Ricardo's theory to the Heckscher-Ohlin theory because it makes fewer simplifying assumptions

Indicate whether the statement is true or false.

Ans: False

Business

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Company ABC in Scotland exports a pound of cheese to the US for $100. Based on the value of the cheese, the US places a 20% tax on it. What type of tariff is this?

What will be an ideal response?

Business

_____ is a form of interaction among parties that differ in interests, perceptions, and preferences

Fill in the blanks with correct word

Business