Economics · International Trade Theory
According to the Heckscher-Ohlin model, a country will export goods that:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Require advanced technology not available in other countries
- 2Use intensively the factors of production in which it is relatively abundant✓
- 3Face inelastic demand in international markets
- 4Have the lowest absolute production costs globally
Correct answer
Use intensively the factors of production in which it is relatively abundant
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