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In the Specific Factors Model,the Effects of Trade on Welfare

question 50

Multiple Choice

In the specific factors model,the effects of trade on welfare are ________ for mobile factors,________ for fixed factors used to produce the exported good,and ________ for fixed factors used to produce the imported good.


Definitions:

Research Hypothesis

A testable prediction about the relationship between two or more variables, forming the foundation for empirical investigation.

Testable Hypothesis

A clearly formulated hypothesis that can be tested through scientific methods, allowing for empirical verification or falsification.

Research Variables

The elements, characteristics, or conditions that are systematically manipulated, observed, or measured within a study.

Descriptive Questions

Questions designed to elicit descriptions or detailed information about a subject, situation, or phenomenon, without seeking to establish cause-and-effect relationships.

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