Which Model States That a Nation Can Shift from Being

question 26

Multiple Choice

Which model states that a nation can shift from being a net exporter of a good to a net importer of the same good?

• A)Specific-factors model
• B)Technological gap model
• C)Product cycle model
• D)Real business cycle model

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Definitions:

Strength And Importance

Terms reflecting the power, effectiveness, and significance of something or someone in a given context.

Electorate

The collective body of individuals who have the legal right to participate in electing officials, reflecting the democratic principle.

Realignment

A significant shift in the political landscape, often characterized by changes in party allegiance, voting patterns, or the emergence of new political issues.

Political Party

An organized group of people with similar political aims and opinions that seeks to influence public policy by getting its candidates elected to public office.