Advanced Placement (AP) College

Explain how the H-O theory can be used to explain the pattern of trade between two countries.​

Answers

Answer 1

Answer: See explanation

Explanation:

The Heckscher-Ohlin model refers to an economic theory which states that countries will export the goods that they can produce efficiently and in large quantities while they'll import those that they are less efficient in producing.

According to the H-O theorem, the pattern of trade that exists between countries as a result of the characteristics that are possessed by the countries. In such case, a capital-abundant country can produce a capital intensive good efficiently and therefore should export the capital intensive good. Likewise, a labor-abundant country can produce labor intensive good efficiently and therefore should export the labor-intensive good.

Related Questions

what is the schumer box

Answers

Answer: The Schumer box is a summary of the costs of a credit card in the United States. It is named after Chuck Schumer, then New York congressman who was responsible for the legislation requiring that terms of credit cards be clearly outlined in any promotional material.

Explanation:

Answer:

A Schumer Box is an easy-to-read table or “box” that discloses the rates, fees, terms and conditions of a credit card agreement as required ...

Explanation:

1. An atom that loses electrons has a ________________________ charge and an atom that gains
electrons has a ___________________________ charge.
Charged atoms are called ___________________.
2. What is an insulator? Give 4 examples.
3. What is a conductor? Give an example.
4. How can we move electrons from one place to another? What actually causes the electrons to
move?
5. Static electricity is ______________________________________________________________________
_______________________________________________________________________________________
6. Explain the attraction and repulsion of charges.
7. Why does a balloon stick to the wall?
8. Why does your hair stand up when you take off your hat?
9. Why do you get a shock when you walk across a carpet?
10. When is static electricity most noticeable and why?
11. State the Principle of Conservation of Charge.

12. The invisible electric force field around charged objects depends on __________________________,
__________________________, and _____________________________.
13. What is the relationship between the charges and the field strength?
What is the relationship between the field strength and the distance between the charges?
1. What is DC?
What is AC?
2. Name 3 ways to get DC.
3. What is an electrical circuit?
4. What is voltage?
What is current?
What is resistance?
What causes heat and light in a wire?
COPY THE TABLE comparing water in a hose-DC-units
5. Which electricity do we use in our homes?
CLICK ON ALTERNATING CURRENT
1. Explain AC.
2. Who invented the light bulb?
3. Who really invented AC?
4. Who discovered the advantages of AC over DC?
5. How is AC made?
6. What is the main advantage of AC over DC?

Answers

My bad I don’t know the answer to this question
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