![Mcqmate logo](https://mcqmate.com/images/logos/logo-black.png)
![Mcqmate logo](https://mcqmate.com/images/logos/logo-white.png)
McqMate
Q. |
If a commodity is classified as "labor-intensive" at one set of relative factor prices but "capital-intensive" at another set of relative prices, this situation is known as |
A. | demand reversal. |
B. | factor-intensity reversal. |
C. | balance of payment reversal |
D. | factor price reversal |
Answer» B. factor-intensity reversal. |
View all MCQs in
International EconomicsNo comments yet