If Gambinia Has Many Workers but Very Little Land and Even

question 45

Multiple Choice

If Gambinia has many workers but very little land and even less productive capital,then,following the Heckscher-Ohlin model,in order to improve the country's economic welfare,the Gambinian government should

• A) engage in free trade.
• B) protect the capital-intensive product.
• C) protect the land-intensive product.
• D) protect the labor-intensive product.
• E) discontinue all international trade.

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Definitions:

Trinomial

A trinomial, which is made up of three separate monomials or terms.

Trinomial

A polynomial consisting of three terms or monomials.

Integers

Whole numbers that can be positive, negative, or zero, not including fractions or decimals.

Equation

A mathematical statement expressing the equality of two expressions, typically involving variables and constants.