One of the Leading Alternative Theories to the HO Model

question 22

Multiple Choice

One of the leading alternative theories to the HO model of international trade is the Human Skills theory,which was developed by

• A)Donald Keesing.
• B)Adam Smith.
• C)David Ricardo.
• D)G. D. A. MacDougall.

---

Definitions:

Overpriced Securities

Financial instruments that are valued higher in the market than their intrinsic worth, often due to speculative activities.

Negative Alphas

A situation where an investment's return is less than the return predicted by its associated risk (alpha less than 0).