The Heckscher-Ohlin theory asserts that relative differences in labor productivity underlie comparative advantage.
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The factor-endowment theory highlights the relative abundance of a nation's resources as the key factor underlying comparative advantage.
A. 对
B. 错
According to the factor-endowment theory, a nation will export that good for which a large amount of the relatively scarce resource is used.
A. 对
B. 错
According to the factor-endowment theory, a nation will import that good for which a large amount of the relatively abundant resource is used.
A. 对
B. 错
he Heckscher-Ohlin theory suggests that land-abundant nations will export land-intensive goods while labor-abundant nations will export labor-intensive goods.
A. 对
B. 错