Multiple Choice
The Heckscher-Ohlin model assumes that the factors of production are mobile ______, but immobile _____.
A) in the short run; in the long run
B) in the long run; in the short run
C) domestically; internationally
D) internationally; domestically
Correct Answer:
Verified
Correct Answer:
Verified
Q51: The international equilibrium price (or world price)
Q52: Consider the Heckscher-Ohlin model and the Stolper-Samuelson
Q53: France and Italy only trade with each
Q54: Leontief suggested that his results were not
Q55: According to the Stolper-Samuelson theorem, would you
Q57: Which of the following is NOT an
Q58: There are many real-life examples of factor-intensity
Q59: Which of the following statements is true?<br>A)
Q60: The Heckscher-Ohlin Model assumes that:<br>A) factor endowments
Q61: (Figure: Home and Foreign Autarky Equilibria) Which