Ask Question
BusinessBusiness
21 October, 15:33

Owners of factors specific to export industries suffer from trade, while owners of factors specific to import-competing industries gain b. Owners of factors specific to export industries gain from trade, while owners of factors specific to import-competing industries suffer c. Both owners of factors specific to export industries and owners of factors specific to import-competing industries gain from trade d. Both owners of factors specific to export industries and owners of factors specific to import-competing industries suffer from trade

+3
Answers (1)
  1. 21 October, 19:02
    0
    b. Owners of factors specific to export industries gain from trade, while owners of factors specific to import-competing industries suffer

    Explanation:

    Statement B is correct,

    Specific factor theory explains the trade in the economy in which on e of the factors of production is specific to the industry.

    As with this the owners in trade specific industries for export tends to gain as they are able to compete with economic trade factors.

    Rather in comparison to them, the owners in the domestic market which produce specific factor goods tend to benefit less, as the company is facing the market where all the producers are industry specific, thus, it will not be beneficial.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Owners of factors specific to export industries suffer from trade, while owners of factors specific to import-competing industries gain b. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Is gross profit or net profit more important to consider when you're deciding how cuccessful and profitable a company is? Why? Explain.
Answers (1)
Under what scenarios could a foodservice operation achieve excellent food and beverage cost percentages, yet incur excessively high labor costs?
Answers (1)
Match the different taxes to the levels at which these taxes are levied on consumers and businesses, income tax property tax payroll tax sales tax Social Security tax National Level National and Local Levels
Answers (1)
William uses his bank credit card frequently; however, he always pays off the total balance on the card each month. what should william look for in a credit card given the way he uses a credit card?
Answers (1)
Household cleaning products, paints, glues, and pesticides are examples of
Answers (1)
New Questions in Business
A company that produces gift cards for various retail stores implemented a marketing campaign that for a limited time offered a 10% discount on gift cards if you purchased three or more at the same time.
Answers (1)
A currency trader observes the following quotes in the spot market: 1 U. S. dollar = 122 Japanese yen 1 British pound = 2.25 Swiss francs 1 British pound = 1.63 U. S.
Answers (1)
Mary, Susan, and Sarah are running a beach boutique on the board walk of Ocean City. Their favorite product is a red lifeguard hoody. Mary believes it will sell 341 times next season.
Answers (1)
Stone Foods produces the majority of its cheese products in its U. S. based dairy division at a total outlay cost of $6.00 per unit.
Answers (1)
The last dividend paid by Coppard Inc. was $1.25. The dividend growth rate is expected to be constant at 15% for 3 years, after which dividends are expected to grow at a rate of 6% forever.
Answers (1)
Home » Business » Owners of factors specific to export industries suffer from trade, while owners of factors specific to import-competing industries gain b.
Sign Up Forgot Password?