The Heckscher-Ohlin Model Assumes That Technology in Each Industry

Multiple Choice

The Heckscher-Ohlin model assumes that technology in each industry:

A) is the same in each nation-each firm has access to the most profitable technology.
B) has increasing returns so that one nation will be able to gain a comparative advantage by developing new technology.
C) is very different across the world-some nations have access to technology, whereas others do not.
D) is hard to access because R&D is very expensive especially for low-income nations.