In the HO model,countries with relatively more capital than other countries will concentrate on ________________________ production.
A)labor-intensive
B)profitable
C)capital-intensive
D)import-replacement

Question

Quizplus · Accepted Answer

According to the HO model, countries with relatively more capital than other countries will concentrate on capital-intensive production. This is because capital-intensive production requires a significant amount of capital investment to produce goods efficiently, which is more affordable for countries with a higher capital stock.

In the HO Model,countries with Relatively More Capital Than Other