The Heckscher-Ohlin Theory ________

question 32

Multiple Choice

The Heckscher-Ohlin theory ________.

• A) suggests that a country should export those goods for which it is more productive than other countries and trade for those goods for which other countries are more productive
• B) states that a country should produce and export those goods for which it is relatively more productive than other countries and import those goods for which other countries are relatively more productive than it is
• C) suggests that a country will have a comparative advantage in producing products that intensively use resources it has in abundance
• D) argues that most trade in manufactured goods should be between countries with similar per capita incomes

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Definitions:

Kyphosis

A curvature of the spine causing a rounded or hunched back.

Convex Angulation

The formation of an outwardly curved angle by the meeting of two lines or surfaces.

Lumbar Curvature

Refers to the natural inward curve of the lower back, which is essential for distributing mechanical stress during movement.

Job Analysis

The process of studying and collecting information about a job's tasks and responsibilities, used to determine job requirements, employee selection, and performance standards.