Which Theory Predicts That Countries Will Export Those Goods That

question 56

Multiple Choice

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

• A)Comparative advantage
• B)Absolute advantage
• C)Heckscher-Ohlin
• D)Samuelson

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Definitions:

Technological Impossibility

A situation or condition where a desired technological solution cannot be achieved with current scientific knowledge or resources.

Burying Radioactive Wastes

The disposal method of radioactive materials by placing them in deep geological formations.

Sending Radioactive Wastes

The act of transporting and disposing of waste materials that contain radioactive substances, requiring specialized handling to minimize environmental and health risks.

Converting Radioactive Wastes

The process of treating radioactive waste materials to reduce their volume, radioactivity, or hazard to the environment and public health, often involving encapsulation or immobilization.