Which of the Following Theorems Predicts That Trade Benefits the Abundant

question 9

Multiple Choice

Which of the following theorems predicts that trade benefits the abundant factors of a country and harms the scarce factors?

• A)The Stolper-Samuelson theorem.
• B)The Rybczynski theorem.
• C)The Heckscher-Ohlin theorem.
• D)None of the above.

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Definitions:

Shipworkers' Trade Union

An organization that represents the interests and rights of workers in the shipping or maritime industry.

Labour Relations Board

A regulatory body that oversees and enforces labor laws related to the rights of employers and employees, including union activities and collective bargaining.

Union Representation

The act of labor unions representing the interests of their members in negotiations with employers.

Organization Drive

A campaign or effort undertaken by a union or group to recruit new members or to form a new union within a workplace.