Question
The Stolper-Samuelson theorem is a result in
international trade theory. According to this theorem, an increase in the price of a good will:Solution
The Stolper-Samuelson theorem states that when the price of a good increases, the real income (wage, rent, etc.) of the factor of production used intensively in producing that good will increase, while the real income of the factor used less intensively will decrease. This reflects how trade impacts income distribution across different factors of production. For example, if a country is capital-abundant and the price of capital-intensive goods rises, capital owners will benefit, and laborers may lose
Statements: F @ R, R $ J, V % J, V # Z
Conclusions: I. F * V       II. R * V                              �...
Statements : B ≤ I; E = D; H > F; C ≤ H; I = D; A ≤ B; H < E
Conclusions:
(i) I > F (ii) B ≤ H (iii) A ≤ E (iv) E...
Statements:
M < K ≤ G ≤ Z; P = J > Z; I ≥ R > P;
Conclusions:
I. K ≤ P
II. M < R
Statements : Z < S < W < D; E ≤ C ≤ Y < D; U < T < S ≤ V
Conclusions :
I. V > Z
II. C < U
III. V > E
Statements:Â Â Â Â Â Â A @ D % M % N; M $ P $ Q
Conclusions :     I. D % Q                              I...
Which of the following symbols should replace (1) and (2), respectively in the given expression in order to make the expression R < H definitely true?
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is /are definitely true and t...
Which of the following symbols should be placed in blank spaces respectively in the same order from left to right in order to complete the given express...
In the following question the relationship between different elements is given in the statements followed by three conclusions I, II and III. Read the ...
Statements: A > B; C > D; E ≥ A; F = C; C < B
Conclusions:
(i) B > D
(ii) A > F
(iii) F < E
...
