Question

Which model states that nations that are abundant in a factor will have a comparative advantage in a good whose production is intensive in that factor?

Accepted Answer

A)   the pauper labour fallacy model
B)   the Ricardian model
C)   the Heckscher-Ohlin model
D)   the oligopoly modelE) A) and D)
F) A) and B)

Exam 8: International Trade

Which model states that nations that are abundant in a factor will have a comparative advantage in a good whose production is intensive in that factor?

Correct Answer
verified

Exam 8: International Trade

Which model states that nations that are abundant in a factor will have a comparative advantage in a good whose production is intensive in that factor?

Correct AnswerverifiedShow Answer

Correct Answer
verified