Question: help me answer this question There are two countries Home and Foreign. Below is information on their factor endowments. Home Foreign Labor Force 100 200

help me answer this question

help me answer this question There are two countries Home and Foreign.

There are two countries Home and Foreign. Below is information on their factor endowments. Home Foreign Labor Force 100 200 Capital Stock 200 500 If good S is capital intensive then following Heckscher-Ohlin Theorem O Trade will not occur between these two countries O Both countries will import good S O Home will export good S O Foreign will export good S O Both countries will export good S

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!