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If the trade is allowed, which of the following are the correct predictions of the Heckscher-Ohlin model?
Select one or more:
a. The factor of production used intensively in the production of exported good will experience an decrease in demand and a decrease in the real return.
b. Firms in import-competing industry will decrease production and utilize less resources.
c. Firms in the export-oriented industry will increase production and utilize more resources.
d. The factor of production used intensively in the production of exported good will experience an increase in demand and a decrease in the relative rate of return.
e. The factor of production used intensively in the export-oriented industry will experience an increase in demand and an increase in the relative wage.
Primitives are variables that hold one piece of data such as an integer, double, etc. References variables are more complex and can hold groups of related data. What are some other References variables (other than String)? How are they used?
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