Foreıgn Trade Deneme Sınavı Sorusu #1380023
Who was Paul Samuelson ?
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He translated, edited and introduced Heckscher-Ohlin Trade Theory. |
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He was known as an American economist who wrote the largest-selling economics textbook ever in 1948, namely Economics: An Introductory Analysis. |
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He developed the distribution of income effects of international trade. |
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He improved the basic Heckscher-Ohlin Model by his assumptions on the relative factor prices. |
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He lead to a balanced international trade, reminding the last simplifying assumption of the HeckscherOhlin Theory. |
Paul Samuelson (1915-2009) was an American economist who wrote the largest-selling economics textbook ever in 1948, namely Economics: An Introductory
Analysis. He explained the principles of Keynesian economics and the way of economics thinking in his widelyreferred book. This book of his has done its nineteenth edition and has been sold in almost forty languages. Apart from this book, he has various studies devoted to economics. He was the first American economist who won the Nobel prize in economics (MIT Economics). The correct answer is " B ".
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