Moving to another question will save t is response. Question 1 With the Hecksher-Ohlin model trade is good for the whole country and everyone in the country @True False Moving to another question will save this response 17'CRemaining Time: 14 minutes, 34 seconds. Less than half of the time remains. *Question Completion Status: Moving to another question will save this response. Question 3 of 24 Question 3 1 points Saved In the case of a skill biased technological change an increase in the price of a skilled-intensive produced good will increase the demand for skilled workers in all sectors O True False 19:57 th a 17'C ~ O (0) ENG 2022/04/ers are saved automatically. any point until time has expired. The timer will conting Tents 1 1 seconds. Less than half of the time sunwas ollaborate Moving to another question will save this response. Question 5 of 24 Question s 1 points glarism Both labour and capital can be transferred from one industry to another True False Question A Moving to another question will save this response. 17"CRemaining Time: 14 minutes. 22 seconds. ments Less than hall of Question Completion Status: Collaborate Moving to another question will save this response. Question 4 Plagiarism In the HO model, international trade is driven by differences in countries labour input O True O False A Moving to another question will save this response. 17*C a searchRemaining Time: 13 minutes, 56 seconds. * Question Completion Status: Less than half of the time remains. rate Moving to another question will save this response. Question 6 of 24 Question 6 1 points Assume two products cell phones and apples, an increase in the price of cellphones could lead to lower wage inequality between skilled and unskilled workers O True O False Moving to another question will save this response. Question 6 of 24 19:52 a ? 17'C ~ D ) ENG 2022/04/23Less than hall of the collaborate Moving to another question will Question 2 agiarism Shifting resources from capital to labour intensive industry can reduce unemployment Of True False Moving to another question will save this response. 17"C searchpletion Status: Moving to another question will save this response. Question 7 of 24 Question 7 1 points The Hecksher-Ohlin model states that international trade is driven by the differences in countries output efficiency True O False Question 7 of Moving to another question will save this response; 17'C ~ 2 1 1 07)Less than half of the time remains. Remaining Time: 13 minutes, 24 seconds. Question Completion Status: Moving to another question will save this response. >> Question 1 points Saved In the case of a skill biased technological change an increase in the pace of a skilled-intensive produced good will increase the demand for skilled workers in all sectors True wore False A Moving to another question will save this response. Question 8 of 24 > > a 19:58 17"C A ( ( ) ENG 2022/04/23 hpLima that full of the time remains prate will save this response. Question 9 of 24 sm price ofa labou 1 paints Intensive good increases it will lead to a decrease in the Labour/capital ratio Moving to another question will save this response Question 9 of 24 17'CADY ENG ch la ? haMoving to another question will save this response. Question 9 If the price of a labour intensive good increases it will lead to a decrease in the Labour/capital ratio True O False 1Moving to another question will save this response 17 C aite Moving to another question will save this response. Question 10 Question 10 of 24 1 points The equation: V = Pc X Qc + Pf X Qf shows us the value of production and can tell us a lot about the country's economic performance True O False Question 10 of 24 Moving to another question will save this response. 17'C ~ 0 9 40) ENG aRemaining Time: 09 minutes. 48 seconds. Less than half of the time remains. Question Completion Status: >Moving to another question will save this response. > 20:02 a 17 C A g ENG 2022/04/23 hpLess than half of the time remains * Question Completion Status: Collaborate > Moving to another question will save this response. Question 12 of 24 Question 12 1 points Plagiarism 3) The following graph shows for South Africa the wage rent ratio and labour/ capital ratio for oranges and microwaves. Using the graph answer the following question aching If the wages increases it will decrease the wage/rent ratio and increase the demand for labour and also the labour/capital ratio 20:03 ( ENGIf the wages increases it will decrease the wage/rent ratio and increase the demand for labour and also the labour/capital ratio True False a 17'C ~ 4 0 () EN hprate Moving to another question will save this response. Question 13 of 24 Question 13 2 points ism Assume the following figures Price of bottled water = R12 Price of pizza's = R30 Assume Pizzas are more labour intensive than bottled water If the price of bottled water goes up to R15 the real wage increase and the real rent decrease True OFalse ng Question 13 of 2 Moving to another question will save this response, 17"C ~ ( 01 9 (1) ENG a earchStatus RS (Mozambique) d Teaching port help RD From the graph above which country can be described as labour intensive South Africa Mozambique both none of the above 17.C ~ ( @ ( ENG 20:06 2022/04/23cements Question Completion Status: rd Collaborate Moving to another question will save this response Question 15 of 24 Question 15 1 points Saved nd Plagiarism If w is the wage rate and r the rental cost of capital, then the input choice will depend on the ratio of these two factor prices on True False a 17.C ~ ( D ) ENG 20 here to search hpRemaining Time: 05 minutes, 26 seconds. ments Less than half of the time remains. Question Completion Status: d Collaborate Moving to another question will save this response. Moving to another question will save this response.