Q
The trade model of the Swedish economies Heckscher and Ohlin maintains that ?
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A
A. Absolute advantage determines the distribution of the gains from trade
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B
B. Comparative advantage determines the distribution of the gains from trade
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C
C. The division of labor is limited by the size of the world market
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D
D. A country exports goods for which its resource endowments are most suited
Correct Answer:
D. D. A country exports goods for which its resource endowments are most suited
