In the H-O Model,international Trade Is Based Mostly on a Difference

question 2

Multiple Choice

In the H-O model,international trade is based mostly on a difference in:

• A)technology
• B)factor endowments
• C)economies of scale
• D)tastes

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Definitions:

Map Displays

Visual representations of geographic areas, showing features such as borders, roads, and landmarks.

Mercator Projection

A map projection in which the earth is depicted on a flat surface, distorting sizes especially near the poles, but preserving accurate directions, often used in navigation charts.

Common Connotations

The typical or culturally agreed upon associations and emotional implications that words or phrases carry beyond their literal meanings.

Colors

Visual properties perceived by the eyes and brain, often used to distinguish objects, convey messages, or evoke emotional responses.