Which Theory Predicts That Countries Will Export Those Goods That

question 76

Multiple Choice

Which theory predicts that countries will export those goods that make intensive use of those factors that are locally abundant,while importing goods that make intensive use of factors that are locally scarce?

• A) Heckscher-Cormier
• B) Ricardo-Ohlin
• C) Heckscher-Ohlin
• D) Carrier-Roller
• E) Smith-Ricardo

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Definitions:

Korean-American

An individual of Korean descent born in or having become a citizen of the United States, contributing to the cultural and social fabric of America.

Cultural Mosaic

A society that features a mix of distinct ethnic groups, cultures, and identities, each of which is preserved and valued within the whole.

Multiple Cultural Identities

The phenomenon of an individual identifying with or adapting to various cultural influences and contexts.

Racial Diversity

The inclusion of people from a variety of racial and ethnic backgrounds within a group or organization.