Questions
Questions
Single choice

Question at position 21 The focus of factor proportions theory is on the __.productivity of the production processcost-effectiveness of the production processuse of depleting production factorsuse of expensive production factors

Options
A.productivity of the production process
B.cost-effectiveness of the production process
C.use of depleting production factors
D.use of expensive production factors
View Explanation

View Explanation

Verified Answer
Please login to view
Step-by-Step Analysis
When examining what the factor proportions theory emphasizes, the first step is to identify the core concept the theory uses to explain international trade patterns. Option 1: 'productivity of the production process' is the key idea here, since factor proportions theory (including the ideas behind relative fact......Login to view full explanation

Log in for full answers

We've collected over 50,000 authentic exam questions and detailed explanations from around the globe. Log in now and get instant access to the answers!

Similar Questions

More Practical Tools for Students Powered by AI Study Helper

Join us and instantly unlock extensive past papers & exclusive solutions to get a head start on your studies!