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Basic Question 12 of 15

The H-O model assumes that ______

I. technology is the same across countries.
II. technology varies between industries.
III. capital is more important than labor in production.

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Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

describe the benefits and costs of international trade

CFA® 2024 Level I Curriculum, Volume 1, Module 6.