The Table Below Shows the Quantity Demanded (In Thousands) and Quantity

question 37

Multiple Choice

The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5

-According to the Heckscher-Ohlin theory, comparative advantage is based on:

• A)labor productivity differences.
• B)product life cycles.
• C)the availability of skilled resources.
• D)consumer tastes and preferences.
• E)the relative abundance of the factors of production.

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Definitions:

Particular Culture

Refers to the unique set of beliefs, values, norms, and practices that characterizes a specific group, community, or organization.

Short-Term Orientation

A cultural value dimension that emphasizes immediate outcomes and results over long-term planning.

Future Rewards

Benefits or incentives that are promised or anticipated to be received in the future as a result of certain actions or behaviors.

Feminine Cultures

Cultures that value traits like caregiving, community, and modesty, often contrasted with more competitive, assertive "masculine" cultures.