Country A is labor abundant relative to country B if it has a larger labor force than B's.
Correct Answer:
Verified
Q32: If the factor price equalization theorem is
Q33: The HO model predicts that once trade
Q34: According to the factor price equalization theorem,free
Q35: Which of the following is false?
A)International differences
Q36: Both the classical and the HO model
Q38: Which of the following theorems predicts that
Q39: Which of the following is true about
Q40: The Heckscher-Ohlin model is an alternative to
Q41: France is capital abundant and Italy is
Q42: Describe the controversy surrounding the HO model
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