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The pharmaceutical industry depends on highly trained workers, who are abundantly available in India

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The pharmaceutical industry depends on highly trained workers, who are abundantly available in India

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:
A) the United States should export automobiles.
B) India should import automobiles.
C) the United States should import pharmaceuticals.
D) all of the above

Textbook

Principles of Macroeconomics

Edition: 11^th

Authors: Case, Fair, Oster

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NYC Author

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8 years ago

Good answer, thanks.

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