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notsponge [240]
2 years ago
11

China is called developed country ?​

Advanced Placement (AP)
1 answer:
Gnom [1K]2 years ago
5 0
No China is not a developed country
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Explain how the H-O theory can be used to explain the pattern of trade between two countries.​
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Answer: See explanation

Explanation:

The Heckscher-Ohlin model refers to an economic theory which states that countries will export the goods that they can produce efficiently and in large quantities while they'll import those that they are less efficient in producing.

According to the H-O theorem, the pattern of trade that exists between countries as a result of the characteristics that are possessed by the countries. In such case, a capital-abundant country can produce a capital intensive good efficiently and therefore should export the capital intensive good. Likewise, a labor-abundant country can produce labor intensive good efficiently and therefore should export the labor-intensive good.

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Based on the knowledge of Erikson’s theory of psychosocial development, we can see that the 6 year old son is at the stage of:

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<h3>Erikson’s theory of psychosocial development</h3>

This states that there is an order through which humans develop and adapt as they grow from Infancy till adulthood and he summarised these stages into eight parts.

We can see that the 6 year old son is at the School age stage where he has Industry vs inferiority as he compares himself with his class mates while the 5 month old daughter is at the Infancy stage where she is learning how to move about and responds to certain stimuli.

Read more about cognitive development here:

brainly.com/question/9741540

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