Multiple Choice
The price criterion if the H-O theory of trade lays down that
A) A country having labour relatively cheap and capital relatively costly is capitalabundant
B) A country having capital relatively cheap and labour relatively costly is labourabundant
C) A country having both capital and labour cheap is capital-abundant
D) A country having capital relatively cheap and labour relatively costly is capital abundant
Correct Answer:
Verified
Correct Answer:
Verified
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