A capital-intensive country exports products that are capital intensive. which theory is this an example of International trade theory.
Heckscher-Ohlin theory, in economics, a theory of comparative advantage in international trade according to which countries in which capital is relatively plentiful and labor relatively scarce will tend to export capital-intensive products and import labor-intensive products.
while countries in which labor is relatively plentiful and capital relatively scarce will tend to export labor-intensive products and import capital-intensive products.
The theory was developed by the Swedish economist Bertil Ohlin (1899–1979) . For his work on the theory, Ohlin was awarded the Nobel Prize for Economics .
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Answer:
True
Explanation:
He believed that he himself was God's final prophet
2 * 3 = 6 I believe is the answer
Answer:
Confucius and Taoism were coexisted in Chinese society for a long time. while advocated religious philosophies people tend to think them as same but there are crucial differences. while Confucius has entrusted the task of social issues, Taoism lays more stress on individual unfolding the meaning of life. Both religions have a vital role to play in Chinese society.
