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(Table: Factor Use in Latvian Trade) According to the Heckscher-Ohlin

Question 28

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(Table: Factor Use in Latvian Trade) (Table: Factor Use in Latvian Trade)    According to the Heckscher-Ohlin model, Latvia's capital-labor ratios are consistent with: A)  Latvia being a capital-abundant country. B)  Latvia being a labor-abundant country. C)  Latvia being neither a capital- nor labor-abundant country. D)  Latvia being both a labor- and capital-abundant country. According to the Heckscher-Ohlin model, Latvia's capital-labor ratios are consistent with:


A) Latvia being a capital-abundant country.
B) Latvia being a labor-abundant country.
C) Latvia being neither a capital- nor labor-abundant country.
D) Latvia being both a labor- and capital-abundant country.

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