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yKpoI14uk [10]
3 years ago
10

Explain how the H-O theory can be used to explain the pattern of trade between two countries.​

Advanced Placement (AP)
1 answer:
Oksana_A [137]3 years ago
6 0

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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Explanation:

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What is the square root of 1.45?<br><br> Brainliest will be given for the correct answer.
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Answer:

√1.45 = 1.2041594578792

Explanation:

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Divide the number (1.45) by 2 to get the first guess for the square root .

Step 2:

Divide 1.45 by the previous result. d = 1.45/0.725 = 2.

Average this value (d) with that of step 1: (2 + 0.725)/2 = 1.3625

previous value = 0.725 - 1.3625 = 0.6375.

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Now we repeat the step

Step 3:

Divide 1.45 by the previous result. d = 1.45/1.3625 = 1.0642201835.

Average this value (d) with that of step 2: (1.0642201835 + 1.3625)/2 = 1.2133600918

Error = new guess - previous value = 1.3625 - 1.2133600918 = 0.1491399082.

0.1491399082 > 0.001.

Step 4:

Divide 1.45 by the previous result. d = 1.45/1.2133600918 = 1.1950285903.

Average this value (d) with that of step 3: (1.1950285903 + 1.2133600918)/2 = 1.2041943411 (new guess).

Error = new guess - previous value = 1.2133600918 - 1.2041943411 = 0.0091657507.

0.0091657507 > 0.001.

Step 5:

Divide 1.45 by the previous result. d = 1.45/1.2041943411 = 1.2041245757.

Average this value (d) with that of step 4: (1.2041245757 + 1.2041943411)/2 = 1.2041594584

- previous value = 1.2041943411 - 1.2041594584 = 0.0000348827.

0.0000348827 <= 0.001. accuracy, we stop the iterations and use 1.2041594584 as the square root.

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