According to the Heckscher-Ohlin (HO) model the source of comparative advantage is a country's
A) technology.
B) advertising.
C) factor endowments.
D) Both A and C.
Correct Answer:
Verified
Q15: Answer the question(s)below based on the following
Q16: According to the factor price equalization theorem,if
Q17: The assumption of increasing opportunity costs in
Q18: According to the factor price equalization theorem,if
Q19: According to the factor price equalization theorem,the
Q21: In the HO model,the production possibility frontier
Q22: According to the Rybczynski theorem,if a country
Q23: The assumption that the two goods are
Q24: Suppose that there are two factors,capital and
Q25: Tastes are assumed to be identical across
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents