If a country is relatively labour abundant, then it will have a comparative advantage in the good that uses ____________ intensely in production (according to the heckscher-ohlin theorem)

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08-09-2022
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If a country is relatively labour abundant, then it will have a comparative advantage in the good that uses ____________ intensely in production (according to the heckscher-ohlin theorem)

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aarinimishra75 aarinimishra75 · Answer 1 · 2022-09-22T14:52:17+02:00

If a country is relatively labour abundant, then it will have a comparative advantage in the good that uses labour, intensely in production (according to the heckscher-ohlin theorem)

What is labour?

The term labour refers to the group of the people how are they performed the work. The particular work as the done with the help of the worker as the return in the fair wages.

The heckscher-ohlin theorem was the dealing in the trade as the two different countries. If the country as the labour abundant, to the advantage as the good that uses labour, the increases the production.

Learn more about on labour, here:

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Your question is incomplete, but most probably the full question was.

A. textiles

B. soybeans

C. capital

D. labour