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Shoes are labor-intensive to produce, and satellites are capital-intensive. The United States has abundant capital. China has abundant labor. Assume that the United States and

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Shoes are labor-intensive to produce, and satellites are capital-intensive. The United States has abundant capital. China has abundant labor. Assume that the United States and China produce only satellites and shoes. According to the Heckscher-Ohlin model, which good According to the Heckscher-Ohlin model, which good will China export? will the United States export? Shoes Satellites In the United States, what will happen to the price of In the United States, what will happen to the price labor (the wage)? of capital?According to the Heckscher-Ohlin model, which good According to the Heckscher-Ohlin model, which good will China export? will the United States export? In the United States, what will happen to the price of In the United States, what will happen to the price labor (the wage)? of capital? It will rise. It will rise. It will fall

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