In the Specific Factors Model, the Effects of Trade on Welfare

question 23

Multiple Choice

In the specific factors model, the effects of trade on welfare are ________ for mobile factors, ________ for fixed factors used to produce the exported good, and ________ for fixed factors used to produce the imported good.

• A) ambiguous; positive; negative
• B) positive; positive; positive
• C) ambiguous; negative; positive
• D) positive; ambiguous; ambiguous
• E) negative; ambiguous; ambiguous

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Definitions:

Integral Proteins

Proteins that are permanently embedded within the lipid bilayer of cell membranes, playing roles in various cellular functions including transport and signal transduction.

Cell Membrane

A biological membrane that separates the interior of all cells from the outside environment, controlling the movement of substances in and out of cells.

Receptor-medicated Endocytosis

A cellular process in which substances are brought into the cell through receptors that bind to specific molecules.

ATP Production

The creation of adenosine triphosphate (ATP), a molecule that stores and transfers energy within cells, through processes such as cellular respiration and photosynthesis.