Factors of production will be unrestrained

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Q. In the factor proportions model, which of the subsequent statements is true given that factor substitution is not allowed? Answer:

The production possibilities frontier will be unlinked.

Factors of production will be unrestrained because each nation uses its own resources.

Production resources are constrained because the international supply of resources is minimized.

Production resources are constrained because the economy cannot use more than the available supply of production resources.

Reference no: EM1388814

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