Trade and Factor mobility
Across
- 2. Name of the economist who developed the theory of comparative advantage
- 4. Michael porter used this image to describe 5 facets of competitive advantage
- 5. Adjective which describes the trade policy emphasizing the responsibility of government to create advantages
- 6. Phenomenon of migration which reduces the intellectual potential of countries with high emigration
- 8. Theory emphasizing the move from producing at home to producing abroad
- 10. trade theory emphasizing the importance of trade surplus
Down
- 1. Costs which matter when deciding on spezialization
- 3. Advantage which is not natural but rather the result of conscious efforts
- 5. Phenomenon of relationship between trade and factor mobility when factor mobility reduces trade
- 7. One of the academics who developed the factor proportion theory
- 9. Academic who wrote about absolute advantage