The Case of the Missing Trade Refers to

question 8

Multiple Choice

The Case of the Missing Trade refers to

• A) the fact that factor trade is less than predicted by the Heckscher-Ohlin theory.
• B) the 9th volume of the Hardy Boys' Mystery series.
• C) the fact that world exports does not equal world imports.
• D) the fact that the Heckscher Ohlin theory predicts much less volume of trade than actually exists.
• E) the fact that the Heckscher Ohlin theory never applies to China-U.S. trade practices.

---

Definitions:

Rational-Basis Test

The lowest standard of review; requires that a law be designed to protect a legitimate state interest and be rationally related to that interest.

Suspect Classifications

Suspect classifications are categories or classes, such as race, religion, or national origin, that trigger strict scrutiny by courts when governments pass laws discriminating against them.

Classification Scheme

A system or method used to organize or categorize items into groups based on shared characteristics or criteria.

Bill of Rights

The collective name for the first ten amendments to the United States Constitution, which outline and guarantee fundamental rights and protections to American citizens.