The Heckscher-Ohlin Model

question 189

Multiple Choice

The Heckscher-Ohlin model

• A)provides support for levying tariffs on imported goods.
• B)supports restrictions on trade.
• C)provides an explanation for why a country has a comparative advantage in a good.
• D)explains why mercantilism is inefficient.
• E)explains why comparative advantage changes over time because of investment in physical and human capital.

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Definitions:

Overexertion

Excessive physical or mental effort that can lead to injury or illness.

Cerebrovascular Accidents

Medical terminology for a stroke, where blood flow to a part of the brain is suddenly interrupted or reduced, causing brain damage.

Persistent Hypoxia

A condition where there is a consistently low level of oxygen in the tissues, which can lead to multiple system failure if not corrected.

Cardiac Defect

An abnormality in the structure of the heart that is present from birth, potentially affecting the walls, valves, arteries, or veins of the heart.