Question 4. HECKSCHER-OHLIN (O-H) THEORY. [Ito(s): b2, c1, 15 marks] "The Heckscher-Ohlin Model suggests that the basis of comparative advantage lies primarily in a difference in factor endowments between countries, and that if countries enter into international trade based on that comparative advantage, they will be better off in real terms." a. Name different factors of endowments countries can have. (4 M) b. What are the two main factors of productions that H.O theory is based on? ( 2M)