Which Trade Theory Is Tantamount to a Short-Run Version of the Factor

question 13

Multiple Choice

Which trade theory is tantamount to a short-run version of the factor price equalization theory?

• A) Specific factors theory
• B) Product life cycle theory
• C) Economies of scale theory
• D) Overlapping demand theory

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Definitions:

3-Pentanone

An organic compound and a ketone with the formula CH3COCH2CH2CH3, characterized by a five-carbon chain with a ketone functional group at the second carbon.

Pentanal

An aldehyde with the formula C5H10O, recognizable by its pungent odor.

HCN

Hydrogen cyanide, a highly toxic compound that is a colorless, volatile liquid with a faint, almond-like odor, used in the production of various chemicals.

Imine

Organic compounds characterized by the functional group C=N, formed by the condensation of an aldehyde or ketone with an amine.