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The Pharmaceutical Industry Depends on Highly Trained Workers, Who Are

Question 177

Multiple Choice

The pharmaceutical industry depends on highly trained workers, who are abundantly available in India. The automobile industry depends on the availability of a large stock of physical capital with which the United States is well endowed. According to Heckscher-Ohlin theorem


A) India should export automobiles.
B) the United States should export pharmaceuticals.
C) the United States should import automobiles.
D) India should import automobiles.

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