Countries That Trade Based on the Heckscher-Ohlin Model Will Find

question 127

Multiple Choice

Countries that trade based on the Heckscher-Ohlin model will find that:

• A) their import goods tend to utilize their relatively scarce factors of production most intensively.
• B) the goods they export tend to use their relatively scarce factors of production most intensively.
• C) countries with a relative abundance of capital will export goods that use labour intensively.
• D) the concept of absolute advantage determines which goods they should export and import.

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Definitions:

Stretching Exercises

Physical activities that aim to increase the flexibility and range of motion of muscles and joints.

Baseline Functioning

describes an individual's normal level of functioning in various areas before any intervention or the onset of a condition.

Mind-body Awareness

The recognition and understanding of the relationship between one’s mental and physical state.

Resistance Training

A form of exercise that improves strength and endurance by contracting muscles against a resisting force, utilizing free weights, machines, or body weight.