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Business, 31.05.2021 14:30 isabellajmoody

Country Alpha has 15 thousand acres of land and 45 thousand laborers, whereas Country Beta has 100 thousand acres of land and 200 thousand laborers. These countries produce a labor-intensive good A, and a land-intensive good B. Based on the information given, we can conclude that:

If trade opens up between Country Alpha and Country Beta, according to the Heckscher-Ohlin model, Country Beta will export and import .
a. both the goods; neither good
b. good B; good A
c. good A; good B
d. neither good; both of the goods

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