Which of the Following Would Not Be Predicted by the Hecksher-Ohlin

question 1

Multiple Choice

Which of the following would not be predicted by the Hecksher-Ohlin theorem?

• A) the US should export capital-intensive and technology-intensive goods
• B) India should export labor-intensive goods
• C) Canada should have a comparative advantage in forestry
• D) Kuwait should specialize in the production of oil
• E) Central African Republic should have a comparative advantage in fisheries

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Definitions:

Physical Counts Of Inventory

The manual counting of all merchandise or stock in a business at a particular time to verify accuracy against recorded inventory levels.

Perpetual System

An inventory accounting system that records purchases and sales of goods instantly through computer systems, without periodically physically counting inventory.

Inventory Adjustment

Modifications made to inventory records to reflect actual inventory levels, often after a physical count.

Inventory Turnover Ratio

A measure of how frequently a company sells and replaces its stock of goods within a certain period, indicating the efficiency of inventory management.