When one applies the Heckscher-Ohlin model of trade to the issue ...

[Charlie]

When one applies the Heckscher-Ohlin model of trade to the issue of trade-related income redistributions, one must conclude that North South trade, such as U.S.-Mexico trade,
 
  A) must help low skill workers on both sides of the border.
  B) is likely to hurt high-skilled workers in the U.S.
  C) is likely to involve higher overall national economic gains that will be greater than any harm done to low-skilled workers in the U.S.
  D) is likely to hurt low-skilled workers in Mexico.
  E) gives no advantage to the workers in either country.

Question 2

The reform movements that began in many Latin American economies in the late 1980s favored
 
  A) competitive devaluations.
  B) stronger military budgets.
  C) imports substitution policies.
  D) a stronger role for markets and more openness.
  E) more government regulation of industry.

[lindahyatt42]

Answer to Question 1

C

Answer to Question 2

D

[Charlie]

Gracias!

[steff9894]

Excellent