Which of the Following Is a Part of the Heckscher-Ohlin

question 7

Multiple Choice

Which of the following is a part of the Heckscher-Ohlin model that states international trade will bring about equalization in the returns to homogeneous factors across nations?

• A)Factor-price equalization theorem
• B)Factor-proportions theory
• C)Factor-endowment theory
• D)Product cycle theory

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Definitions:

Generates Output

The process of producing or delivering a result, product, or service from a set of inputs or processes.

Undertaking Project

The process of planning, executing, and completing a project with specific goals and objectives.

Value Resources

These are assets or materials that are considered important or beneficial for a company or individual to achieve economic success or meet economic needs.