___________ is a policy by which a government does not discriminate against imports or interfere with exports Posted on:
The____________ model, in its basic form, predicts trade based on the distance between countries and the interaction of the countries’ economic sizes Posted on:
In the_________________________ model the pattern of international trade is determined by differences in factor endowments. Posted on:
_______________tries to explain empirical elements of trade that comparative advantage-based models above have difficulty with Posted on:
The _______ is an economic loss which a country suffers on account of an increase in its factor endowment or a natural windfall Posted on:
The __________________ of comparative advantage became a basic constituent of neoclassical trade theory Posted on:
With globalization of economic activities and liberalization of trade, organizations are conducting their business in the ____________environment. Posted on:
________________________ type of tariff is levied on a good based on a percentage of that good’s value. Posted on: