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If a nation were to experience an influx of foreign labor into the market for corn production, the production possibilities frontier for the nation would:
a. shift inward due to the reduction in relative wages.
b. shift outward due to an increase in one factor of production.
c. stay right where it is because labor has nothing to do with the Heckscher-Ohlin model.
d. shift, but insufficient information has been provided to determine the direction of the shift.
dynamic multipier
In a Poisson distribution U=4. A) What is the probability that X=2? B) What is the probability that X is 2?
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Subsidy programs are likely to have a number of secondary effects in addition to the direct effect on dairy prices. What impact do you suppose farm subsidies are likely to have on
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An example of direct foreign investment is given by: a. The sale of U.S. government bonds to foreigners. b. The sale of U.S. stocks (equities) to foreigners. c. A multinational cor
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