Foreıgn Trade Deneme Sınavı Sorusu #1391217
Which one of the following statements is wrong considering the assumptions of Heckscher-Ohlin Theory?
|
Demand preferences might differ both countries |
|
There is perfect competition in the commodities and the factor markets in both countries |
|
There is free movement of factors of production within each country but no free movement of factors of production between countries |
|
There is free trade between the trading countries |
|
There is full employment in all resources in both trading countries |
Demand preferences are the same in both countries: Along with rapid globalization, demand preferences are more or less the same across countries. Thus, this assumption of the HeckscherOhlin Theory is probably the one that best fits today’s international trade environment.
Yorumlar
- 0 Yorum