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The Pharmaceutical Industry Depends on Highly Trained Workers, Who Are

Question 7

Multiple Choice

The pharmaceutical industry depends on highly trained workers, who are abundantly available in India. The automobile industry depends on the availability of a large stock of physical capital with which the United States is well endowed. According to Heckscher-Ohlin theorem


A) India should export automobiles.
B) the United States should export pharmaceuticals.
C) the United States should import automobiles.
D) India should import automobiles.

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