According to the Heckscher-Ohlin Model, the Source of Comparative Advantage

question 12

Multiple Choice

According to the Heckscher-Ohlin model, the source of comparative advantage is a country's

• A) factor endowments.
• B) technology.
• C) advertising.
• D) human capital.
• E) political system.

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Definitions:

Accommodating

Showing willingness to adjust actions or decisions to take into account others' needs or preferences.

Withdrawing

The act of pulling back or removing oneself from a situation, engagement, or commitment.

Confronting

The act of facing or addressing problems, disagreements, or challenging situations directly.

Collaborating

Working jointly with others, especially in an intellectual endeavor, to achieve a common goal.