Multiple Choice
The HO theorem states that a country will have comparative advantage in the good whose production is relatively intensive in the ________ with which the country is relatively abundant.
A) tastes
B) technology
C) factor
D) opportunity costs
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q31: Which of the following is true about
Q32: According to the factor price equalization theorem,free
Q33: The HO model assumes that _ are
Q34: The assumption that the two goods are
Q35: Tastes are assumed to be identical across
Q37: According the Stolper-Samuelson theorem,the scarce factor in
Q38: Both the classical and the HO model
Q39: One of the predictions of the HO
Q40: Answer the question(s)below based on the following
Q41: Which of the following is true?<br>A)In the