Which of the Following Empirical Studies Provided the Most Support

question 21

Multiple Choice

Which of the following empirical studies provided the most support for the heckscher- Ohlin model?

• A)the study by Bowen,Leamer,and Sveikauskas
• B)the study by Wassily Leontief
• C)the study by Davis and Weinstein
• D)the study by David Ricardo
• E)the study by Adam Smith

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Definitions:

Cash Discount

An incentive offered by sellers to encourage buyers to pay earlier, resulting in a reduction in the amount due.

Captive Finance Company

A finance company that is wholly owned by a parent company, primarily for the purpose of providing financing to the customers of the parent company.

Credit Function

The role of extending credit to consumers or businesses, enabling the purchase of goods or services before payment.

Controlled Disbursements

A cash management technique where companies strategically issue payments to regulate their cash outflows and maximize the available cash.