The Software Industry Depends on Highly Trained Workers, Who Are

question 144

Multiple Choice

The software industry depends on highly trained workers, who are abundantly available in Country A. The heavy equipment industry depends on the availability of a large stock of physical capital with which Country B is well endowed. According to Heckscher-Ohlin theorem

• A) Country A should export heavy equipment.
• B) Country B should import software.
• C) Country B should import heavy equipment.
• D) Country A should import software.

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Definitions:

Embryonic Development

The series of changes an embryo undergoes in the process of growth and differentiation to become a functional organism.

First Stage

The initial phase or level in a process or series of actions, often setting the foundation for subsequent stages.

Organogenesis

The process during embryonic development in which organs are formed from the germ layers.

Embryonic Development

The process by which an embryo forms and develops, from the single-cell zygote stage to the establishment of body plan and organogenesis.