MCQOPTIONS
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| 1. |
Which of the following theories holds that countries will produce and export products that use large amounts of production factors that they have in abundance? |
| A. | The factor endowment theory. |
| B. | Mercantilism. |
| C. | The theory of absolute advantage. |
| D. | None of the above. |
| Answer» C. The theory of absolute advantage. | |