Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 12, 2024

Suppose that Home has 20% of the world's capital, 10% of the world's skilled labor, 30% of the world's unskilled labor, and produces 20% of

Suppose that Home has 20% of the world's capital, 10% of the world's skilled

labor, 30% of the world's unskilled labor, and produces 20% of the world's GDP. What

does this information suggest about Home's resource endowments? Explain your

answer.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Management Measuring Monitoring And Motivating Performance

Authors: Leslie G. Eldenburg, Susan K. Wolcott

2nd Edition

978-0-470-7694, 0470769424, 978-0470769423

More Books

Students also viewed these Economics questions

Question

★★★★★

The following summary table presents the breakdown of the price of a new college textbook: a. Using the four categories publisher, bookstore, author, and freight, construct a bar chart, a pie chart,...

Answered: 1 week ago

Question

★★★★★

Recognition Can a firm choose a fair value option for reporting some of its investments on the balance sheet? If so, describe the conditions that must be met.

Answered: 1 week ago

Question

★★★★★

Why should a confidence interval for the parameter being tested be reported along with the results of the hypothesis test?

Answered: 1 week ago

Question

★★★★★

Fairbanks Corporation purchased 400 shares of Sherman Inc. common stock as an available-for-sale investment for $13,200. During the year, Sherman paid a cash dividend of $3.25 per share. At year-end,...

Answered: 1 week ago

Question

★★★★★

Which of the following dlisplays apps and Windows resources?

Answered: 1 week ago

Question

★★★★★

When Resisto Systems, Inc., was formed, the company was authorized to issue 5,000 shares of $100 par value, 8 percent cumulative preferred stock, and 100,000 shares of $2 stated value common stock....

Answered: 1 week ago

Question

★★★★★

4. A cylinder with radius r = 0.75m and length 0.6 m has an infinite line of positive charge along its axis. The charge per unit length is 7 uC/m. (a) Calculate the electric flux through the surface...

Answered: 1 week ago

Question

★★★★★

A charge of 6 C is moved from a point, the potential at which is 120 V, to another point of potential V. If the energy required to do so is 250 Joule, calculate V.

Answered: 1 week ago

Question

★★★★★

The electric potential at a point due to a point charge' q' is 50 V and the electric field at the same point is

Answered: 1 week ago

Question

★★★★★

14. If the potential at any point in two dimensional pla is given as V(x)=4x +4. Find the electric field an potential at (2, 0).

Answered: 1 week ago

Question

★★★★★

15. Four point charges of magnitude 2 C, -2, -3 and 6 C are kept at the four vertices of a square ABCD, with side 2 m. Find out the potential at the centre of the square.

Answered: 1 week ago

Question

★★★★★

29) As of April 15, 2018, the observed exchange rate CAD/JPY = 87.01. If you expect the inflation rate in Canada to be 2% per year over the next four years and you expect the Japanese inflation rate...

Answered: 1 week ago

Question

★★★★★

6. How can a message directly influence the interpreter?

Answered: 1 week ago

Question

★★★★★

1. Discuss the following statements: (a) The dangers of mountain driving in an old Lada 4 4, and safety concerns. (b) We perceive the world backwards. (c) Numbers are different from words, but they...

Answered: 1 week ago

Question

★★★★★

5. How can a sender (utterer) directly influence the interpreter (receiver)?

Answered: 1 week ago

Previous Question Next Question