Question
14 ) In the 2-factor, 2-good Heckscher-Ohlin model, the country with a relative abundance of ________ will have a production possibility frontier that is biased
14) In the 2-factor, 2-good Heckscher-Ohlin model, the country with a relative abundance of ________ will have a production possibility frontier that is biased toward production of the ________ good.
A) capital; capital intensive
B) labor; capital intensive
C) land; labor intensive
D) land; capital intensive
E) labor; land intensive
Answer:
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An Introduction To Personal Finance
Authors: Anne Marie Ward
2nd Edition
1907214267, 978-1907214264
