The Heckscher-Ohlin Model Predicts All of the Following EXCEPT

question 32

Multiple Choice

The Heckscher-Ohlin model predicts all of the following EXCEPT

• A) that relative wages will tend to become equal in both trading countries.
• B) which factor of production within each country will gain from trade.
• C) which country will export which product.
• D) that trade increases a country's overall welfare.
• E) the volume of trade.

---

Definitions:

Planned Organization Change

A deliberate and structured process designed to transform an organization's operations, strategy, or culture to improve efficiency and effectiveness.

HR Professionals

Individuals working in human resource departments who are responsible for hiring, managing, and supporting personnel within an organization.

Competencies

Defines a set of skills, knowledge, behaviors, or abilities that are essential in effectively performing tasks or roles.

Force-Field Analysis

A management technique developed by Kurt Lewin to analyze the forces for and against a change, helping to identify what needs to be modified for successful implementation.