For the Difference in Factor Endowment to Be the Basis

question 34

Multiple Choice

For the difference in factor endowment to be the basis of trade the Heckscher-Ohlin theorem requires that:

• A)the two nations in questions have different tastes.
• B)trading partners are different in terms of the level of technology.
• C)Both nations only have broadly similar tastes because the level of technology is not relevant.
• D)both nations have similar tastes and technology.

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