Which of the Following Would Be Expected by the Heckscher-Ohlin

question 34

Multiple Choice

Which of the following would be expected by the Heckscher-Ohlin trade theory?

• A)A country with abundant fertile land exporting agricultural products.
• B)A country with abundant capital importing manufactured goods.
• C)A country with abundant fertile land importing agricultural goods.
• D)A country with abundant labor exporting agricultural products.
• E)A country with abundant capital exporting agricultural goods.

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Definitions:

Workforce

The workforce encompasses all the employees working in a company, industry, or economy, including both the physical and intellectual labor contributing to production and services.

Online Community Marketplace

A digital platform where users from various locations gather to buy, sell, or exchange goods and services within a community-based environment.

Brownstone House

A type of residential building made primarily of brown sandstone, commonly found in certain historic urban neighborhoods.

Rent-Seeking Individuals

Persons or entities that seek to increase their own wealth without creating new wealth or value, often through manipulation of the political environment.