Solved

If a Country Is Well Endowed with Labor Relative to Capital

Question 134

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions