Which of the following is an assumption of the Heckscher-Ohlin theory?
A) Countries have varying endowments of the various factors of production
B) Gold and silver were the mainstays of national wealth and essential to vigorous commerce
C) It is in a country's best interests to maintain a trade surplus
D) Trade is a zero-sum game
Correct Answer:
Verified
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A)zero-sum game.
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