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5.Assume there are two factors of production:natural resources and labor.Suppose North Korea denuclearizes, sanctions are lifted, and the country begins to trade more with the

5.Assume there are two factors of production:natural resources and labor.Suppose North Korea denuclearizes, sanctions are lifted, and the country begins to trade more with the rest of the world.North Korea begins to export only coal, a resource-intensive product.What factor of production is abundant in North Korea according to the Heckscher-Ohlin theory?

a.Natural resources ---

b.Labor

c.Both natural resources and labor

d.Human capital

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