NAIMMCQ International Business Identify the theory that predicts that countries will export those goods that make intensive use of factors that are locally abundant.

Identify the theory that predicts that countries will export those goods that make intensive use of factors that are locally abundant.

International Business

Identify the theory that predicts that countries will export those goods that make intensive use of factors that are locally abundant.

A. Theory of comparative advantage

B. Ricardo theory

C. New trade theory

D. Heckscher-Ohlin theory

Answer: D

NAIMMCQ

Identify the theory that predicts that countries will export those goods that make intensive use of factors that are locally abundant.

Identify the theory that predicts that countries will export those goods that make intensive use of factors that are locally abundant.

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