A product will be traded only if the pre-trade price difference betwee – McqOptions

MCQOPTIONS

1.	A product will be traded only if the pre-trade price difference between the two countries ?
A.	is less than the cost of transporting it between them
B.	is greater than the cost of transporting it between them equals the cost of transporting it between them
C.	equals the cost of transporting it between them
D.	more information in needed to answer this
Answer» C. equals the cost of transporting it between them

Discussion

No Comment Found

Related MCQs

Which of the following statements supports deregulation of industries ?
Which of the following would be considered a supply-side policy ?
Which trade theory contends that a country that initially develops and exports a new product may eventually become an importer of it and may no longer manufacture the product ?
Wassily Leontief’s results can be interpreted as ?
Wassily Leontief used an input output table in order to test the ?
The trade model of the Swedish economies Heckscher and Ohlin maintains that ?
The theory of overlapping demand predicts that trade in manufactured goods is unimportant for countries with very different ?
The success of regional and urban policies has been limited by ?
The product cycle theory of trade is essentially a ?
The Heckshcer-Ohl assumes that are indentical between countries?