The Heckscher-Ohlin Model Assumes That Factors of Production Can Move

question 39

Multiple Choice

The Heckscher-Ohlin model assumes that factors of production can move freely _______, but cannot move _______.

• A) domestically; internationally
• B) after they are fully trained; before the training period is over
• C) internationally; domestically
• D) within unskilled occupations; into high-skill jobs

---

Definitions:

Focused Differentiation

A business strategy where a company targets a specific market segment, offering specialized products or services that uniquely meet the needs of that segment.

Rapid Product Development

A strategy aimed at accelerating the design, creation, and launch of new products to market through streamlined processes.

Mission Statement

A structured overview detailing the goals and principles of a business, entity, or individual.

Product/Service Quality

The measure of how well a delivered product or service meets the customer's expectations.