Multiple Choice
Which of the following predicts that countries will export those goods that make intensive use of factors that are locally abundant,while importing goods that make intensive use of factors that are locally scarce?
A) mercantilism
B) theory of absolute advantage
C) Heckscher-Ohlin theory
D) theory of comparative advantage
E) Samuelson's critique
Correct Answer:

Verified
Correct Answer:
Verified
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