Multiple Choice
One way in which the Heckscher- Ohlin model differs from the Ricardo model of comparative advantage is by assuming that is (are) identical in all countries.
A) opportunity costs
B) scale of production
C) factor intensities
D) technology
E) factor endowments
Correct Answer:

Verified
Correct Answer:
Verified
Q21: Which of the following empirical studies provided
Q22: The 1987 study by Bowen,Leamer and Sveikauskas<br>A)used
Q23: If Gambinia has many workers but very
Q24: According to the Heckscher- Ohlin model,the source
Q25: Empirical support for the Heckscher- Ohlin model
Q27: Suppose that there are two factors,capital and
Q28: Starting from an autarky (no- trade)situation with
Q29: Which of the following is an assertion
Q30: The Leontief Paradox<br>A)refers to the fact that
Q31: If Australia has relatively more land per