Starting from an Autarky (No-Trade)situation with Heckscher-Ohlin Model,if Country H

question 58

Multiple Choice

Starting from an autarky (no-trade) situation with Heckscher-Ohlin model,if Country H is relatively labor abundant,then once trade begins

• A) wages should rise and rents should fall in H.
• B) wages and rents should rise in H.
• C) wages and rents should fall in H.
• D) wages should fall and rents should rise in H.
• E) rent will be unchanged but wages will rise in H.

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