An Implication of the Heckscher-Ohlin Model Is That Trade Will

question 4

Multiple Choice

An implication of the Heckscher-Ohlin model is that trade will tend to

• A)bring factor prices into equality in different countries.
• B)cause factor prices to fall in different countries.
• C)be diverted from countries with higher factor prices.
• D)not have any effect on factor prices in different countries.
• E)cause factor prices to rise in different countries.

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Definitions:

Lack of Empathy

Lack of Empathy describes a person's inability to understand and share the feelings of others.

Machiavellianism

A lack of empathy and a willingness to exploit others.

Chocolate Cake Model

The tendency of a relationship with a narcissist to start positively but end very negatively.

Narcissist

A person with an excessive preoccupation with or admiration of themselves, often associated with a lack of empathy for others and a need for admiration.