Which Model Best Explains the Cross-Trade of Very Similar Products

question 122

Multiple Choice

Which model best explains the cross-trade of very similar products exported and imported by trading partners?

• A) Ricardian
• B) Heckscher-Ohlin
• C) specific-factors
• D) monopolistic competition

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Definitions:

Frequency

The number of occurrences of a repeating event per unit time.

Characteristic Stretching

The unique vibration of molecular bonds within a molecule, used in infrared spectroscopy to identify specific functional groups.

Frequency

The number of cycles or vibrations per unit of time; in physics and chemistry, it often relates to the energy levels of atoms and molecules.

Least Intense

Describes the weakest signal or effect in a set of data or spectral analysis, often indicative of low concentration or sensitivity.