Heckscher-ohlin model


In the Heckscher-Ohlin model, a decrease in the factors of production required to produce rice and beans would:

shift the production possibilities frontier for rice and beans outward.

shift the production possibilities frontier for rice and beans upward.

shift the production possibilities frontier for rice and beans rightward.

shift the production possibilities frontier for rice and beans inward.

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Business Management: Heckscher-ohlin model
Reference No:- TGS092838

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