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If the Heckscher-Ohlin Theorem Is Valid in Practice (And Assuming

Question 9

Multiple Choice

If the Heckscher-Ohlin theorem is valid in practice (and assuming that capital and laborAre treated as the only two factors in the real world) , then the "Leontief statistic" for aLabor-abundant country would be __________.


A) greater than 1.0
B) equal to 1.0
C) less than 1.0 but greater than zero
D) less than zero

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