In the 2-Factor, 2-Good Heckscher-Ohlin Model, the Country with a Relative

question 43

Multiple Choice

In the 2-factor, 2-good Heckscher-Ohlin model, the country with a relative abundance of ________ will have a production possibility frontier that is biased toward production of the ________ good.

• A) capital; capital intensive
• B) labor; capital intensive
• C) land; labor intensive
• D) land; capital intensive
• E) labor; land intensive

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Definitions:

Adaptation(s)

The process by which a species becomes better suited to its environment through genetic changes over generations.

Petals

The colorful parts of a flower that are often involved in attracting pollinators.

Outermost Whorl

The first, typically outer layer of structures in a flower, usually made up of sepals that protect the developing bud.

Seedling

A young plant, especially one raised from seed and not from a cutting, at an early stage of development.