Multiple Choice
If a country is well endowed with labor relative to capital, the factor-proportions theory predicts that it will:
A) export labor-intensive goods and import capital-intensive goods.
B) import labor-intensive goods and export capital-intensive goods.
C) neither import nor export capital-intensive goods.
D) neither import nor export labor-intensive goods.
E) the K/L ratio is high.
Correct Answer:

Verified
Correct Answer:
Verified
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