A Long­run Model of Trade Basic to the Determination of How

question 15

Multiple Choice

A long­run model of trade basic to the determination of how
Mobile factors of production affect national welfare and the
Returns to the factors is known as:

• A)the specific­factors model.
• B)the Riparian model.
• C)the Chicago model of trade.
• D)the Heckscher­Ohlin model.

---

Definitions:

Impact

The effect or influence of one thing on another, which can be positive, negative, or neutral.

Visuals

Images, diagrams, or videos used to complement or illustrate information.

Support

Assistance or help provided to users or customers, typically in solving problems or improving their experience with a product or service.

Entertain

To provide amusement or enjoyment, often through performances, shows, or media content.