If the Assumptions of the H-O Hold,a Country That Is

question 2

Multiple Choice

If the assumptions of the H-O hold,a country that is relatively capital abundant will have a production possibilities frontier that is

• A) relatively flat, with a constant slope.
• B) relatively steep, with a constant slope.
• C) relatively flat, with an increasing slope (in absolute value).
• D) relatively steep, with an increasing slope (in absolute value).

---

Definitions:

Credit Sales

Transactions where goods or services are sold and payment is received at a later date.

Goods Transferred

The process of moving goods from one location to another, often referring to the change in ownership of inventory from seller to buyer.

Refund Liability

Refund Liability is an obligation arising from the potential need to repay customers for returned or unsatisfactory goods and services.

Merchandise Returns

Goods that are returned to the seller from the buyer, generally due to defects, dissatisfaction, or the wrong items being delivered.