According to the factor endowment model,countries heavily endowed with land will:
A) Devote excessive amounts of resources to agricultural production
B) Devote insufficient amounts of resources to agricultural production
C) Export products that are land-intensive
D) Import products that are land-intensive

Question

Quizplus · Accepted Answer

The factor endowment model proposes that countries will specialize in the production and export of products that utilize their abundant factors of production. Therefore, a country heavily endowed with land is likely to specialize in agricultural production and export products that are land-intensive.

According to the Factor Endowment Model,countries Heavily Endowed with Land