In the 2-Factor, 2-Good Heckscher-Ohlin Model, Trade Will ________ the Owners

question 64

Multiple Choice

In the 2-factor, 2-good Heckscher-Ohlin model, trade will ________ the owners of a country's ________ factor and will ________ the good that uses that factor intensively.

• A) harm; scarce; import
• B) harm; abundant; import
• C) benefit; scarce; export
• D) benefit; scarce; import
• E) harm; scarce; export

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Definitions:

Cognitive Development

The process by which individuals acquire and evolve their learning, perceiving, remembering, and thinking skills.

Brain Functioning

The activities and processes that occur within the brain to support mental and physical actions, including cognition, emotion, and coordination.

Mathematical Summaries

Concise representation of a larger set of data or mathematical information, often in the form of averages, medians, modes, or graphs.

Descriptive Statistics

Statistical procedures used to summarize, organize, and simplify data in order to describe its main features.