Question

India should export according to H.O.theoy
a) capital intensive goods
b) loubour intensive goods
c) both
d) non of the above​

Answer 1

Answer:

C.Both

Explanation:

Accordingly, the Heckscher-Ohlin theory predicts that Luxembourg will export capital-intensive products to India and import labour-intensive products in return. ... According to the theory, therefore, the United States should export capital-intensive goods and import labour-intensive ones.

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