The HeckscherOhlin Model assumes that:
A)factor endowments are the same.
B)consumer tastes are different across countries.
C)the technologies used to produce the two goods are different across the countries.
D)consumer tastes and technologies are the same across countries.

Question

The Heckscher­Ohlin Model assumes that:
A)factor endowments are the same.
B)consumer tastes are different across countries.
C)the technologies used to produce the two goods are different across the countries.
D)consumer tastes and technologies are the same across countries.

Quizplus · Accepted Answer

The Heckscher-Ohlin Model assumes that consumer tastes and technologies are the same across countries, focusing instead on differences in factor endowments to explain trade patterns.

The Heckscher­Ohlin Model Assumes That

The HeckscherOhlin Model Assumes That