In the 2- factor,2- good Heckscher- Ohlin model,the country with a relative abundance of will have a production possibility frontier that is biased toward production of the good.
A) land; capital intensive
B) labor; capital intensive
C) capital; land intensive
D) labor; labor intensive
E) land; labor intensive
Correct Answer:
Verified
Q1: If Japan is relatively capital rich and
Q2: In the 2- factor,2- good Heckscher- Ohlin
Q3: In the 2- factor,2- good Heckscher- Ohlin
Q4: In the Heckscher- Ohlin model,when two countries
Q6: The assumption of diminishing returns in the
Q7: In the 2- factor,2- good Heckscher- Ohlin
Q8: In the 2- factor,2- good Heckscher- Ohlin
Q9: In the Heckscher- Ohlin model,countries are assumed
Q10: In the 2- factor,2- good Heckscher- Ohlin
Q11: Trade benefits a country by
A)increasing the real
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