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The school of thought that views trade as the interplay between power, security and technology as forces that promote national strength is called: a. Institutionalism.

The school of thought that views trade as the interplay between power, security and technology as forces that promote national strength is called:

a. Institutionalism.
b. Constitutionalism.
c. Realism.
d. Federalism.

An implication of the Heckscher-Ohlin theorem is that

a. Two countries with identical tastes can still have a basis for trade if factor endowments of the countries differ and if factor intensities of the commodities differ.
b. If two countries have identical tastes, then no trade will occur between them.
c. Income distribution in a country does not change when a country is opened to trade.
d. The relative price of a country's scarce factor of production will rise when the country is opened to trade

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