Factor Endowments Country A Country B 45 20 Labor Force 15 10 Capital Stock Refer to the table above. If good S is capital intensive, then according to the Heckscher-Ohlin theorem, O country B will export good S O country A will export good S O both countries will export good S O neither country will export good S
Factor Endowments Country A Country B 45 20 Labor Force 15 10 Capital Stock Refer to the table above. If good S is capital intensive, then according to the Heckscher-Ohlin theorem, O country B will export good S O country A will export good S O both countries will export good S O neither country will export good S
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Factor Endowments
Country A
Country B
Labor Force
45
20
Capital Stock
15
10
Refer to the table above. If good S is capital intensive, then according to the
Heckscher-Ohlin theorem,
O country B will export good S
O country A will export good S
O both countries will export good S
O neither country will export good S
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