Multiple Choice
The HeckscherOhlin model assumes that technology in
Each industry:
A) Is the same in each nation-each firm has access to the most profitable technology.
B) has increasing returns so that one nation will be able to gain a comparative advantage by developing new
Technology.
C) is very different across the world-some nations have access to technology, whereas others do not.
D) is hard to access because R&D is very expensive especially for lowincome nations.
Correct Answer:

Verified
Correct Answer:
Verified
Q63: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7261/.jpg" alt=" (Figure: Home and
Q64: In the long run, when factors are
Q65: A situation in which one nation produces
Q66: Figure: A Country's Before and After Trade
Q67: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7261/.jpg" alt=" (Figure: Home and
Q69: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7261/.jpg" alt=" (Table:
Q70: According to the text, identical technologies are
Q71: Figure: A Country's Before and After Trade
Q72: To determine whether a nation has an
Q73: Figure: A Country's Before and After Trade