A Long-Run Model of Trade Basic to the Determination of How

question 79

Multiple Choice

A long-run model of trade basic to the determination of how mobile factors of production affect national welfare and the returns to the factors is known as:

• A) the specific-factors model.
• B) the Riparian model.
• C) the Chicago model of trade.
• D) the Heckscher-Ohlin model.

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