The Heckscher-Ohlin Model Predicts That the Factor of Production Used

question 117

Multiple Choice

The Heckscher-Ohlin model predicts that the factor of production used more intensively in the production of exports will experience:

• A) decreased demand and a decline in its relative price.
• B) decreased demand and an increase in its relative price.
• C) increased demand and an increase in its relative price.
• D) no change in its demand because the factors of production are fixed in the short run.

---

Definitions:

United States V. Wong Kim Ark

A landmark Supreme Court case in 1898 that established that children born in the United States to foreign parents are citizens under the 14th Amendment.

Fourteenth Amendment

is an amendment to the U.S. Constitution, ratified in 1868, that grants citizenship to all persons born or naturalized in the United States and ensures equal protection under the laws.

U.S. Citizenship

A legal status denoting membership in the United States of America, granting specific rights, duties, and privileges.

Atlanta Speech

A notable address delivered by Booker T. Washington that emphasized the importance of African Americans advancing through self-help and industrial education.