Foreıgn Trade Deneme Sınavı Sorusu #1392979

I. Heckscher-Ohlin Theory

II. Product Cycle Model

III. Neo-Classical Trade Theory

Which one(s) of these assume(s) that technology is constant in trading countries?


Only I

Only II

Only III

I-II

I-III


Yanıt Açıklaması:

As we all know, Classical Trade Theory, Neo-Classical Trade Theory and the Heckscher-Ohlin Theory assumed that technology level is constant in trading countries. According to these theories, the basis of the comparative advantage depends either on the differences in labor productivity or factor endowments, leaving technological differences aside.

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