Why Is the Specific-Factors Model Referred to as a "Short-Run

question 82

Short Answer

Why is the specific-factors model referred to as a "short-run" version of the Heckscher-Ohlin model?

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Definitions:

Comminuted Fracture

A type of bone fracture characterized by the bone being broken into more than two pieces, often requiring surgical intervention for proper healing.

Pressure Bandage

A type of bandage applied tightly to a limb or other parts of the body to exert pressure, commonly used to control bleeding or swelling.

Strain

Injury to muscles from tension caused by overuse or misuse.

Superficial Burn

A type of burn that affects only the outer layer of skin, causing pain and redness but not blistering.