Question
D19:In the Cartesian plane where in the vertical axes there is the ratio w r and in the horizontal axes the ratio T L (we
D19:In the Cartesian plane where in the vertical axes there is the ratio w r and in the horizontal axes the ratio T L (we are in the context of the Heckscher-Ohlin model), the line that corresponds to the labor-intensive good is
A: to the right of the line of the capital (T) intensive good.
B: to the left of the line of the capital (T) intensive good.
C: coincident to the line of the capital (T) intensive good.
D: perpendicular to the line of the capital (T) intensive good.
D18:The theory of comparative advantages states that the benefits associated to international trade are proportional to
A: the technological likeness of country.
B: the difference between countries.
C: the closeness of countries.
D: the similarity between countries.
D18:The theory of comparative advantages states that the benefits associated to international trade are proportional to
A: the technological likeness of country.
B: the difference between countries.
C: the closeness of countries.
D: the similarity between countries.
D16:In a partial equilibrium setting, the adoption of a tariff determines a
A: reduction in domestic prices.
B: rise in the consumer surplus.
C: reduction in domestic production.
D: rise in the producer surplus
D15:Country H has a Comparative Advantage in the production of good f (technical coefficients of the foreign country are indicated by an asterisk) if
A: af av > af av .
B: af < av .
C: af av < af av .
D: af > af .
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