Suppose That, in a Real-World Situation, a Labor-Abundant Country's Tariffs

question 6

Multiple Choice

Suppose that, in a real-world situation, a labor-abundant country's tariffs and nontariff barriers are levied relatively more heavily on labor-intensive goods than on capital-intensive goods. In this situation, a Leontief two-factor test would, other things equal, be __________ the country's adherence to the Heckscher-Ohlin trade pattern, in comparison with a situation where trade barriers were absent.

• A) biased toward confirming
• B) biased against confirming
• C) unbiased in its finding concerning
• D) biased toward confirming, biased against confirming, or unbiased in its findingConcerning - cannot be determined without more information

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Definitions:

Cell Range

A set of contiguous or selected cells in a spreadsheet that has been specified for a particular operation or function.

Adjacent

Located next to or near another element, often implying direct contact or a close relationship.

Orientation

In technology, it often refers to the layout of a page or screen, which can be either portrait (vertical) or landscape (horizontal).

Rotate Cell Contents

Rotate Cell Contents is a function in spreadsheet software that allows the user to change the orientation of text within a cell, typically from horizontal to vertical alignment or vice versa.