Which One of the Following Is NOT an Assumption in the Heckscher-Ohlin

question 22

Multiple Choice

Which one of the following is NOT an assumption in the Heckscher-Ohlin analysis?

• A) constant returns to scale
• B) imperfect competition
• C) identical production functions across countries
• D) identical tastes across countries

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Definitions:

Imaginary Audience

A concept in psychology where an individual imagines and believes that multitudes of people are enthusiastically listening to or watching them.

Adolescent

A developmental stage that describes individuals typically between the ages of 13 and 19, characterized by significant physical, psychological, and social changes.

Moral Judgments

Moral judgments are assessments that determine the rightness or wrongness of actions, often based on ethical principles, societal norms, or individual belief systems.

Decentration

The cognitive ability to consider multiple aspects of a situation simultaneously, important in child development, as described by Piaget.