True/False
According to the HO model,countries with different factor endowments but similar technologies and preferences will have a strong basis for trade with each other.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q25: The Heckscher-Ohlin model is an alternative to
Q26: Compare and contrast the classical and HO
Q27: According to the factor price equalization theorem,if
Q28: Let Kj and Lj denote the capital
Q29: Country A is labor abundant relative to
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