The Heckscher-Ohlin Theory Holds That Countries That Have an Abundance

question 48

Multiple Choice

The Heckscher-Ohlin Theory holds that countries that have an abundance of certain resources enjoy an absolute or comparative advantage over other countries.Which of the following is NOT one of the factors that Heckscher and Ohlin considers scarce?

• A) land
• B) labor
• C) capital
• D) education
• E) None of the above

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