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Author Question: The pharmaceutical industry depends on highly trained workers, who are abundantly available in ... (Read 13 times)

londonang

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Question 1

The quantity and quality of ________ of a country are its factor endowments.


◦ imports and exports
◦ deficits and surpluses
◦ labor, land, and natural resources
◦ commodity money and fiat money

Question 2

The pharmaceutical industry depends on highly trained workers, who are abundantly available in India. The automobile industry depends on the availability of a large stock of physical capital with which the United States is well endowed. According to Heckscher-Ohlin theorem


◦ India should export automobiles.
◦ the United States should export pharmaceuticals.
◦ the United States should import automobiles.
◦ India should import automobiles.


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Marked as best answer by londonang on Apr 19, 2019

bbburns21

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