Author Question: The Heckscher-Ohlin, factor-proportions model lends support to the argument that A) trade tends ... (Read 154 times)

bclement10 · **on:** Jun 30, 2018

The Heckscher-Ohlin, factor-proportions model lends support to the argument that

A) trade tends to worsen the conditions of unskilled labor in rich countries.
B) trade tends to worsen the conditions of owners of capital in rich countries.
C) trade tends to worsen the conditions of workers in poor countries.
D) trade tends to worsen the conditions of workers in rich countries.
E) trade tends to worsen the conditions of highly skilled workers in rich countries.

Question 2

The U.S. Balance of Payments is constructed by

A) the U.S. Department of Labor.
B) the U.S. Department of Agriculture.
C) the U.S. Department of Commerce.
D) the Council of Economic Advisers to the President.