Among the following based on the Heckscher-Ohlin two good and two factor good model,the countries differ in:a) Capitalb) Availability of relative factors of productionc) Technologyd) TariffsAnswerO AO BOD

Production is the process of producing the products for consumption by combining the inputs.

Among the following based on the Heckscher-Ohlin two good and two factor good model, the countries differ in: а) Сapital b) Availability of relative factors of production c) Technology d) Tariffs Answer A OB OD

Among the following based on the Heckscher-Ohlin two good and two factor good model, the countries differ in: а) Сapital b) Availability of relative factors of production c) Technology d) Tariffs Answer A OB OD

Macroeconomics

13th Edition

ISBN:9781337617390

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter2: Production Possibilities Frontier Framework

Section: Chapter Questions

Problem 7QP

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Question

Among the following based on the Heckscher-Ohlin two good and two factor good model,
the countries differ in:
a) Capital
b) Availability of relative factors of production
c) Technology
d) Tariffs
Answer
O A
O B
OD

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