(Table: Factor Use in Latvian Trade) According to the Heckscher-Ohlin

question 28

Multiple Choice

(Table: Factor Use in Latvian Trade) According to the Heckscher-Ohlin model, Latvia's capital-labor ratios are consistent with:

• A) Latvia being a capital-abundant country.
• B) Latvia being a labor-abundant country.
• C) Latvia being neither a capital- nor labor-abundant country.
• D) Latvia being both a labor- and capital-abundant country.

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