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Explain clearly Q32. A situation in which one nation produces good A using labor more intensively (relative to capital) than good B while a second

Explain clearly

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Q32. A situation in which one nation produces good A using labor more intensively (relative to capital) than good B while a second nation produces good A using capital more intensively (relative to labor) than good B is called: 0 a reversal of factor intensities O a paradox of factor intensities O backward technology 0 micro intensity 039. The Heckscher-Uhiin 1 model assumes that there are two countries. each of which produces two goods (say. manufactures and agriculture) using labor and capital. Which of the following is an additional assumption of the Heckscher Ohlin model? 0 The ratio of the quantity of labor to the quantity of capital is different for each nation. resulting in different "endowments\" of capital and labor. One nation has larger quantities of both capital and labor than the other country. Capital is a specific resource In producing manufactured goods. and labor is a specific resource in producing agricultural goods in each country. Labor and capital can move between countries. (3)57. In addition to summarizing 1 poir international flows of goods and services. factor inputs, and transfers. __ includes financial flows such as deposits. purchases of stocks. bonds investment in plant and equipment. and real estate. 0 the financial account 0 balance of payments accounting 0 the current account O the capital account

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