Solved

If Agriculture Is a Capital-Intensive Industry in the United States

Question 48

Multiple Choice

If agriculture is a capital-intensive industry in the United States and a labor-intensive industry in India, then:


A) India should export agricultural goods to the United States.
B) neither country will have an advantage in agricultural production.
C) there is factor-intensity reversal in agricultural production between the two countries.
D) it is difficult to determine which country is labor abundant.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions