Multiple Choice
Which is not an assumption of the H-O model
A) the same technology in both nations
B) constant returns to scale
C) complete specialization
D) equal tastes in both nations
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q5: According to the H-O model,trade reduces international
Q6: When w/r falls,L/K<br>A)falls in the production of
Q7: A nation is said to have a
Q8: We say that commodity Y is K-intensive
Q9: The Leontief paradox refers to the empirical
Q10: For factor reversal to occur,two commodities must
Q12: With equal technology nations will have equal
Q13: The H-O model extends the classical trade
Q14: From empirical studies,we conclude that the H-O
Q15: According to the H-O model,international trade will:<br>A)reduce