国际贸易课后习题答案feenstra trade sm_chap04.pdfVIP

4 Trade and Resources: The Heckscher-Ohlin Model 1. This exercise uses the Heckscher-Ohlin model to predict the direction of trade. Consider the production of hand-made rugs and assembly line robots in Canada and India. a. Which country would you expect to be relatively labor-abundant, and which capital-abundant? Why? Answer Given Canada’s relatively small population (30 million compared with