A situation in which one nation produces good A using labor
More intensively (relative to capital) than good B and a
Second nation, producing good A, uses capital more
Intensively (relative to labor) than good B is called:
A) a reversal of factor intensities.
B) a paradox of factor intensities
C) backward technology.
D) micro intensity.
Correct Answer:
Verified
Q1: The HeckscherOhlin model of international trade uses
_
Q3: The HeckscherOhlin model assumes that there are
Q4: According to the application in the text,
Q5: The HeckscherOhlin model assumes that production
Techniques within
Q6: United States' agricultural production is _ in
Comparison
Q7: The HeckscherOhlin theorem explains patterns of trade
Between
Q8: Which of the following statements is TRUE?
A)The
Q9: The HeckscherOhlin model assumes that technology in
Each
Q10: The HeckscherOhlin Model assumes that:
A)factor endowments are
Q11: The HeckscherOhlin model assumes that the factors
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