Which Theory States That a Nation Will Tend to Export

question 23

Multiple Choice

Which theory states that a nation will tend to export commodities intensive in its relatively abundant and cheap factor?

• A)Heckscher-Ohlin theory
• B)Stolper-Samuelson theory
• C)Product cycle theory
• D)Intraindustry trade theory

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Definitions:

Cortex

The outer layer of the brain, involved in high-level functions such as conscious thought, memory, and decision making.

Cortical Regions

Areas of the cerebral cortex of the brain, each associated with various functions such as sensory processing, motor control, and cognition.

Cell Layers

Distinct layers of cells that form various tissues and organs in the body, each with specific functions.

Chemical Characteristics

Properties of substances that define their chemical nature, including reactivity, composition, and behavior in chemical reactions.