

MCQOPTIONS
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1. |
Heckscher-Ohlin theory explains— |
A. | Pattern of trade in terms of relative factor endowments of countries |
B. | Why a country may import products which use extensively the country’s scarce factor |
C. | The law of comparative cost |
D. | The concept of reciprocal demand |
Answer» B. Why a country may import products which use extensively the country’s scarce factor | |