In the Heckscher-Ohlin Model, When There Is International-Trade Equilibrium

question 13

Multiple Choice

In the Heckscher-Ohlin model, when there is international-trade equilibrium

• A) the capital-rich country will charge more for the capital-intensive good than the price paid by the capital-poor country for the capital-intensive good.
• B) workers in the capital-rich country will earn more than those in the poor country.
• C) the workers in the capital-rich country will earn less than those in the poor country.
• D) the relative price of the capital-intensive good in the capital-rich country will be the same as that in the capital-poor country.
• E) the capital-rich country will charge less for the capital-intensive good than the price paid by the capital-poor country for the capital-intensive good.

Understand the relationship between age and happiness.

Comprehend the evolutionary basis of emotions and their adaptive value.

Differentiate between major theories of emotion (James-Lange, Cannon-Bard, Schachter two-factor).

Recognize the influence of physiological and situational cues on the differentiation and labeling of emotions.

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Definitions:

Corporate Head Office

The primary physical location where a corporation's executive management and key administrative functions are located.

Distraction

A thing that prevents someone from giving full attention to something else, often leading to a decrease in productivity or performance.

Effectiveness

The degree to which objectives are achieved and the extent to which targeted problems are solved.

Non-verbal Communication

The process of conveying a message without the use of words, including gestures, facial expressions, and body language.