According to the Heckscher-Ohlin Theory, the Pattern of International Trade

question 87

Multiple Choice

According to the Heckscher-Ohlin theory, the pattern of international trade is determined by differences in

• A) labor productivity.
• B) diminishing returns.
• C) factor endowments.
• D) management practices.
• E) trade barriers.

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Definitions:

Attitude

Feelings, often influenced by our beliefs, that predispose us to respond in a particular way to objects, people, and events.

Foot-In-The-Door

A persuasive technique involving making a small request first to increase the likelihood of agreement to a larger request later.

Role Playing

A method for exploring the behaviors and attitudes of individuals by having them adopt and act out the role of a specific character or person.

Attitudes

Mental inclinations demonstrated through assessing a specific entity with varying levels of approval or disapproval.