If Gambinia has many workers but very little land and even less productive capital,then,following the Heckscher-Ohlin model,in order to improve the country's economic welfare,the Gambinian government should
A) engage in free trade.
B) protect the capital-intensive product.
C) protect the land-intensive product.
D) protect the labor-intensive product.
E) discontinue all international trade.
Correct Answer:
Verified
Q22: Q23: Suppose Australia, a land (K)-abundant country, and Q25: If Gambinia has many workers but very Q26: If a good is capital intensive it Q28: If Australia has more land per worker,and Q29: In the Heckscher-Ohlin model,when there is international-trade![]()
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