Back to Questions
SSC Geography
QUESTION #6328
Question 1
The Heckscher-Ohlin trade theory predicts that countries will export goods that:
Correct Answer Explanation
Heckscher-Ohlin theory states countries export goods using their abundant factors intensively (labor-abundant countries export labor-intensive goods; capital-abundant countries export capital-intensive goods), explaining trade patterns based on factor endowments rather than absolute efficiency.
Sign in to join the conversation and share your thoughts.
Log In to Comment