Which Theory Listed Below Is Also Called the Heckscher-Ohlin Theory

question 27

Multiple Choice

Which theory listed below is also called the Heckscher-Ohlin theory?

• A) relative advantage
• B) comparative advantage
• C) factor proportions theory
• D) specialization of countries

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Definitions:

Business Morality

concerns the ethical principles that guide the behavior and operations of businesses and their decision-makers.

Negotiator

An individual who engages in discussions with one or more parties to reach an agreement or resolution.

Misrepresentation

The act of giving a false or misleading account of the nature of something.

Opponent's Network

The system of relationships and connections that the opposing party in a negotiation or conflict has, which can influence their strategies and outcomes.