![Mcqmate logo](https://mcqmate.com/images/logos/logo-black.png)
![Mcqmate logo](https://mcqmate.com/images/logos/logo-white.png)
McqMate
Q. |
The trade model of the Swedish economists Heckscher and Ohlin maintains that: |
A. | Absolute advantage determines the distribution of the gains from trade |
B. | Comparative advantage determines the distribution of the gains from trade. |
C. | The division of labor is limited by the size of the world market |
D. | A country exports goods for which its resource endowments are most suited. |
Answer» D. A country exports goods for which its resource endowments are most suited. |
View all MCQs in
International EconomicsNo comments yet