内部价格(internal price)
内部价格(internal price)
内部价格(internal price)
In the discussion of empirical results on the Heckscher-Ohlin model,we noted that recent work suggests that the efficiency of factors of production seems to differ internationally.Explain how this would affect the concept of factor price equalization.
Explain why the Leontief paradox and the more recent.Bowen,Leamer,and Sveikauskas results repotted in the text contradict the factor-proportions theory.
The U.S. labor movement-which.mostly represents blue-collar workers rather than professionals and highly educated workers-has traditionally favored limits on imports from less-affluent countries.Is this a shortsighted policy or a rational one in view of the interests of union members? How does the answer depend on the model of trade?
“The world's poorest countries cannot find anything to export.There is no resource that,is abundant-certainly not capital nor land.and in small poor nations not even labor is abundant.”Discuss.
In the United States where land is cheap.the ratio of land to labor used in cattle raising is higher than that of land used in wheat growing.But in more crowded countries.where land is expensive and labor is cheap,it is common to raise cows by using less land and more labor than Americans use to grow wheat.Can we still say that raising cattle is land intensive compared with farming wheat? Why or why not?
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