According to the Heckscher-Ohlin model ?

Related Mcqs:

The Heckscher-Ohlin theory explains comparative advantage as the result of differences in countries ?

A. Economies of large-scale production B. Relative abundance of various resources C. Relative costs of labor D. Research and development expenditures...

The Heckscher-Ohlin theorem states that a country will have comparative advantage in the good whose production in relatively intensive in the with which the country is relatively abundant ?

A. tastes B. technology C. factor/resource D. opportunity cost...

Wassily Leontief used an input output table in order to test the ?

A. Ricardian theory of comparative advantage B. Heckscher Ohl in theory of comparative advantage C. Linder theory of overlapping demand D. All of the above...

Industrial policies intended to foster comparative advantage for domestic industries could result in the implementation of ?

A. research and development subsidies B. loan guarantees C. low interest rate loans D. All of the above...

The product cycle theory of trade is essentially a ?

A. static, short run trade theory B. dynamic long run trade theory C. zero-sum theory of trade D. negative-sum theory of trade...