Business, 22.05.2020 20:57 zeckwielen3398

In the Heckscher-Ohlin model, when there is international-trade equilibrium:

A. the capital-rich country will charge more for the capital-intensive good than the price paid by the capital-poor country for the capital-intensive good.
B. workers in the capital-rich country will earn more than those in the poor country.
C. the workers in the capital-rich country will earn less than those in the poor country.
D. the capital-rich country will charge less for the capital-intensive good than the price paid by the capital-poor country for the capital-intensive good.
E. the relative price of the capital-intensive good in the capital-rich country will be the same as that in the capital-poor country.

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In the Heckscher-Ohlin model, when there is international-trade equilibrium:

A. the capi...

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