Management Notes

Reference Notes for Management

According to the factor endowment model of Heckscher and Ohlin, countries heavily endowed with land will:

According to the factor endowment model of Heckscher and Ohlin, countries heavily endowed with land will:

According to the factor endowment model of Heckscher and Ohlin, countries heavily endowed with land will:

 Options:

a. Devote excessive amounts of resources to agricultural production.
b. Devote insufficient amounts of resources to agricultural production.
c. Export products that are land-intensive.
d. Import products that are land-intensive.

The Correct Answer Is:

c. Export products that are land-intensive.

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