Management Notes

Reference Notes for Management

The Heckscher-Ohlin model rules out the classical model’s basis for trade by assuming that ________ is (are) identical between countries.

The Heckscher-Ohlin model rules out the classical model’s basis for trade by assuming that ________ is (are) identical between countries.

The Heckscher-Ohlin model rules out the classical model’s basis for trade by assuming that ________ is (are) identical between countries.

 Options:

a. factor endowments
b. factor intensities
c. technology
d. opportunity costs

The Correct Answer Is:

  • c. technology

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