Check whether the statement is true or false

Assignment Help Econometrics
Reference no: EM131088166

Each of the following theory statements is true except one. Which one is false? ( )

A) Factor-endowment Theory (Heckscher-Ohlin) says that a nation will export the product that uses a large amount of its relatively abundant resource and import the product which in production uses the relatively scarce resource

B) Factor-price Equalization Theory says that trade leads to a nation's cheap resources becoming relatively more expensive and the expensive resources becoming relatively less expensive

C) Stolper-Samuelson Theoremsays that even though free trade may provide overall gains for a country, the owners of relatively abundant resources will win and the owners of relatively scarce factors will lose

D) Specific-factors Theory says that resources specific to export industries gain as a result of trade while resources specific to import-competing industries lose

E) Increasing-returns Trade Theory says that nations with negligible differences in comparative-advantage have no basis for trade even if they can take advantage of massive economies of scale

Reference no: EM131088166

Questions Cloud

What will be its dividend payout ratio : Puckett Products is planning for $4.5 million in capital expenditures next year. Puckett's target capital structure consists of 70% debt and 30% equity. If net income next year is $1.4 million and Puckett follows a residual distribution policy with a..
Diversity in organizations from a global perspective : Please submit the final paper using appropriate APA Format in no less than six pages with a minimum of four quality acceptable academic references to support the content citations. The paper must include an abstract which summarizes the paper this..
The split has no effect on the total market value of equity : JPix management is considering a stock split. JPix currently sells for $100 per share, and a 3-for-1 stock split is contemplated. What will be the company's stock price following the stock split assuming that the split has no effect on the total mark..
The characteristics of the composition : write 2 pages paper that answers the question: (sample sentence)- what is an academic paper?consider the following:- who is the author? the audience?-what are the characteristics of the composition?-what are the characteristics of the paper's mess..
Check whether the statement is true or false : Increasing-returns Trade Theory says that nations with negligible differences in comparative-advantage have no basis for trade even if they can take advantage of massive economies of scale
What is the weighted average cost of capital for firm : WACC The current stock price for a company is $38 per share, and there are 4 million shares outstanding. The beta for this firms stock is 1, the risk-free rate is 4.2, and the expected market risk premium is 6%. If the corporate tax rate is 36%, what..
Number of workers required in supermarkets : Explain two reasons why the number of workers required in supermarkets has reduced over the past 20 years.
The semi-developed economies in the world : Emerging markets refer to those markets that are the semi-developed economies in the world. These economies show some characteristics of the developed markets but do not meet the standards of a fully developed economy. These are basically the mark..
European option struck at-the-money : All Black-Scholes assumptions hold. Assume no dividends. The stock price is 100. The riskless interest rate is 5% per annum. Consider a 1-year European option struck at-the-money (i.e. strike equal current spot). If the volatility is zero (i.e. σ = 0..

Reviews

Write a Review

Econometrics Questions & Answers

  What paid by unit trust and the mortgage in the trust repaid

If your bank held 3% of the units issued by a unit trust and the mortgages in the trust repaid $15,000,000 in interest and $2,300,000 in principal in its first year, how much principal and interest would your bank receive that year

  What will be rate of return eventually earned by all firms

There are 300 purely competetive farms in the local dairy market. Of the 300 dairy farms, 298 have a cost structure that generates profits of $24 for every $300 invested.

  What was the purpose of the introductory ideas

Do you think the introduction to Wilkinson's profile was effective or not and why? Write down your answers in a well developed paragraph of 8-10 sentences.

  What is the projects annual operating cash flow

Bygrave forecasts incremental annual sales revenue of $940,000. Similarly, Bygrave expects total variable costs to increase by $500,000, and total fixed costs to increase by $80,000. Bygrave's marginal tax rate is 39%.

  What assumption about x guarantees the existence of ß

Show that β^ is an unbiased estimator of β and obtain its variance-covariance matrix. How can the standard errors of the elements of β^ be estimated?

  The answer to each question should be a short to long

the answer to each question should be a short to long paragraph.1 how does an expansionary monetary policy work?

  Find the cost of 100 compressors of 200 hp rating

One hundred compressors of 200 H.P. rating are being considered for purchase by the state highway department. The compressor index was 400 five years ago and is 520 today. The cost of 150 H.P. compressors bought five years ago is as follows.

  Assume that a firm acts as a price taker regardless of the

assume that a firm acts as a price taker. regardless of the demandit sells each unit of its product for 5.a assume that

  Recently the owner of a trader joes franchise decided to

recently the owner of a trader joes franchise decided to change how she compensated her top manager. last year she paid

  Compute the marginal cost in the fourth column of your table

Plot the MC curve on the same graph as the ATC curve, and verify that it cuts the ATC at its minimum point.

  Why cant an individual from a firm raise its price

Do you agree or disagree with the statement that: "A monopolist always changes the highest possible price Why can't an individual from a firm raise it's price by reducing output or lower its price to increase sales volume in a purely competive mar..

  Verify that demand becomes less elastic moving down demand

Let a linear demand function be expressed as Q = a + bP, where b

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd