Under the H-O trade model, which of the following would be true in an open-economy trade...

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Under the H-O trade model, which of the following would be true in an open-economy trade regime? O a. Factor prices for for both homogeneous and non-homogenous factors will equalize quickly across nations O b.Commodity prices of homogenous products will not equalize quickly across nations O.Factor prices for homogenous factors will equalize gradually and slowly across nations d.Commodity prices and factor prices will not equalize across nations O e. Factor prices for non-homogenous factors will equalize quickly across nations Under the H-O trade model, which of the following would be true in an open-economy trade regime? O a. Factor prices for for both homogeneous and non-homogenous factors will equalize quickly across nations O b.Commodity prices of homogenous products will not equalize quickly across nations O.Factor prices for homogenous factors will equalize gradually and slowly across nations d.Commodity prices and factor prices will not equalize across nations O e. Factor prices for non-homogenous factors will equalize quickly across nations

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Answer Option C is correct Step1 Factor prices for homogenous factors will equalize g... View the full answer