The product cycle theory of trade is essentially a ? – McqOptions

MCQOPTIONS

1.	The product cycle theory of trade is essentially a ?
A.	static, short run trade theory
B.	dynamic long run trade theory
C.	zero-sum theory of trade
D.	negative-sum theory of trade
Answer» C. zero-sum theory of trade

Discussion

No Comment Found

Related MCQs

The trade model of the Swedish economies Heckscher and Ohlin maintains that ?
Declining costs per unit of output results from international trade especially if ?
Dynamic comparative advantage theory ?
_____ 1954 study of U.S trade patterns showed that U.S exports were labor-intensive compared with U.S imports, even though the United States was widely regarded as a relatively capital-abundant nation ?
The Heckscher-Ohl in model rules out the classical model’s basis for trade by assuming that _________ is (are) identical between countries?
According to the factor price equalization theorem, the ________ factor should oppose free. trade policies in any given country?
According to Supply-side economists. if taxes are cut so that people have an increased incentive to work and businesses have an increased incentive to invest ?
A product will be traded only if the pre-trade price difference between the two countries ?
Interventionist policies to restore regional imbalance focus on ?
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 ?