Which of the Following Is a Theory That Can Be

question 8

Multiple Choice

Which of the following is a theory that can be used to justify limited government intervention to support the development of certain export-oriented industries?

• A) Comparative advantage theory
• B) Ricardo's theory
• C) New trade theory
• D) Heckscher-Ohlin theory

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Definitions:

Ambiguity

The quality of being open to more than one interpretation; the lack of definitiveness or clarity in meaning or intention.

Baseball Bat

A piece of sporting equipment used in baseball to hit the ball after it is thrown by the pitcher.

Flying Mammal

Mammals capable of flight, with bats being the most well-known example, distinguished by their winged forelimbs.

Bat

A flying mammal capable of echolocation, which it uses to navigate and find food in the dark.