Reference: Ref 4­9 (Table: Factor Use in Latvian Trade) According to the

question 29

Multiple Choice

Reference: Ref 4­9
(Table: Factor Use in Latvian Trade) According to the
Heckscher­Ohlin model, Latvia's capital/labor ratios are
Consistent with:

• A)Latvia being a capital­abundant country.
• B)Latvia being a labor­abundant country.
• C)Latvia being neither a capital­ nor labor­abundant country.
• D)Latvia being both a labor­ and capital­abundant country.

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Musical Performance

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