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According to Heckscher-Ohlin (neoclassical) trade theory, a shift from autarky to free trade will result in Question 2 options: A) every household in each country
According to Heckscher-Ohlin (neoclassical) trade theory, a shift from autarky to free trade will result in Question 2 options: A) every household in each country consuming a combination of goods/services that was not possible under autarky. B) each country tending to export the commodities that are intensive in factors that are possessed by that country in relative abundance. C) households in capital-rich countries benefiting while those in capital-poor countries become worse off. D) all of the above
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