The core lesson of the specific factors model is ..? A policy implication of the specific factors model as it applies to the labor force is ...? Explain the Hecischer:Ollin Theorem (HOT) to a person who has no prevlous understanding of economics or international trade. How robust is the evidence that the Heckscher-Ohlin Theorem is a good predictor of the goods a nation should export? What is the key assumpticn in the HOT that needs to be relaxed for the HOT to be a better predictor? When wealthy Nation A engages in offshoring with poorer Nation B what do we expect will happen in each country? What are we unsure about? Critics of offshoring often asset that if offshoring is prohibited the relative-wages of the workers in the offshoring nation will not decline. But what might then occur that will still lower workers' relative wagos