Question
What is the basis of international trade in the
Heckscher-Ohlin model?Solution
Factor Endowments is the basis of international trade for a country in case of Heckscher Ohlin Model. The model essentially says that countries export the products which use their relatively abundant and cheap factors of production, and import the products which use the countries' relatively scarce factors.
Statements:
8% rays are satellites.
All satellites are planets.
A few stars are satellites.
Conclusions:
I. All stars...
Statements:
Some bags are trolleys.
All trolleys are luggage.
Some luggage is a warehouse. ...
I n each question three statements followed by three conclusions numbered I, II and III have been given. You have to take the given statements to be tru...
Statements:
Mostly table is chair.
Only chair is desk.
No table is board.
Conclusions:
I. No desk is board.
II. All chair can be board.
Three Statements are given followed by four conclusions numbered 1, 2, 3,and 4. Assuming the statements to be true, even if they seem to be at variance...
Conclusions:
I. No Lid being Utensil is a possibility.
II. Some Spoons are not Plates.
III. Some Spoons are Cups.
Statements:
Statements:Some pencils are erasers.
All erasers are pens.
Some pens are sharpeners.
Conclusions:I. some sharpeners are erasers.
Statements:
Only a few Interests are Deposit.
No Deposit is Saving.
All Savings are Overdraft.
Conclusions:
I. So...
Statement:
Only a few bottles are Knives.
No Knife is a charger.
Only rings are Chargers.
Conclusion:
I. Some kni...
Statements:
Only Towels are Soaps.
Only few Towels are Shampoos.
All Shampoos are Conditioners.
Conclusions:
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