According to the Factor Price Equalization Theorem,a Nation That Has

question 13

Multiple Choice

According to the factor price equalization theorem,a nation that has a relative capital abundance should specialize in goods that are ______ intensive resulting in an increase in the price of ______.

• A) capital; capital
• B) capital; labor
• C) labor; capital
• D) labor; labor

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Definitions:

Group Programming

A method in software development where multiple programmers work together on a single project or module.

Proposal

A formal suggestion or plan presented for consideration or discussion by others.

Syntax

The set of rules that defines the combinations of symbols that are considered to be a correctly structured document or fragment in a programming language.

Assembly Languages

Low-level programming languages that are closely related to machine code but are readable by humans, used for direct hardware manipulation and efficient program execution.