MCQOPTIONS
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| 1. |
The price criterion if the H-O theory of trade lays down that |
| A. | A country having labour relatively cheap and capital relatively costly is capitalabundant |
| B. | A country having capital relatively cheap and labour relatively costly is labourabundant |
| C. | A country having both capital and labour cheap is capital-abundant |
| D. | A country having capital relatively cheap and labour relatively costly is capital abundant |
| Answer» E. | |