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Basic Question 12 of 15
The H-O model assumes that ______
II. technology varies between industries.
III. capital is more important than labor in production.
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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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
describe the benefits and costs of international trade
CFA® 2024 Level I Curriculum, Volume 1, Module 6.