An Implication of the Heckscher-Ohlin Theorem Is That

question 31

Multiple Choice

An implication of the Heckscher-Ohlin theorem is that

• A) if two countries have identical tastes, then no trade will occur between them.
• B) the relative price of a country's scarce factor of production will rise when the Country is opened to trade.
• C) income distribution in a country does not change when a country is opened to trade.
• D) two countries with identical tastes can still have a basis for trade if factor endowments Of the countries differ and if factor intensities of the commodities differ.

---

Definitions:

Authentic Contact

A term in psychotherapy referring to genuine, empathic, and present engagement between therapist and client, fostering a space for honest exploration and connection.

Freely Sharing

The act of openly and willingly sharing information, resources, or emotions with others without expecting anything in return.

Thoughts and Feelings

The mental and emotional processes and experiences that form the basis of an individual's perception and responses to their environment.

Imperfect Role Models

Individuals who influence others despite having flaws or making mistakes, illustrating that perfection is not required to inspire or teach.