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  • Assignment 4

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    Phuong Dung
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    The document provides an assignment to: 1) Identify which products are labor-intensive and capital-intensive based on the Heckscher-Olin theory and which factors are abundant in each country; 2) Use data on capital and labor available in Nation A and B to determine the optimized quantity of products X and Y for each country; and 3) Provide a detailed explanation, discussion, and conclusion with the solution presented in a clear graph using Excel, Word or PowerPoint.

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    The document provides an assignment to: 1) Identify which products are labor-intensive and capital-intensive based on the Heckscher-Olin theory and which factors are abundant in each country; 2) Use data on capital and labor available in Nation A and B to determine the optimized quantity of products X and Y for each country; and 3) Provide a detailed explanation, discussion, and conclusion with the solution presented in a clear graph using Excel, Word or PowerPoint.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    9 views1 page

    Assignment 4

    Uploaded by

    Phuong Dung
    The document provides an assignment to: 1) Identify which products are labor-intensive and capital-intensive based on the Heckscher-Olin theory and which factors are abundant in each country; 2) Use data on capital and labor available in Nation A and B to determine the optimized quantity of products X and Y for each country; and 3) Provide a detailed explanation, discussion, and conclusion with the solution presented in a clear graph using Excel, Word or PowerPoint.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    Assignment 4

    • Based on the Heckscher-Olin theory, identify which product is labor-intensive


    and capital-intensive. Which factors are abundant in each country?

    • Total amount of capital (K) and labor (L) available for production in Nation A
    and B are provided in the table.

    • Identify the quantity of X and Y for each country when the quantities of products
    are optimized (maximize) for each country.

      Nation A Nation B

    Production Factors K L K L

    Product X 1 4 3 2

    Product Y 3 2 4 1

    Total K or L (unit) 3000 4000 2900 1100

    Please provide a detailed explanation for your solution, discussion, and conclusion.

    Notes: Please use any tool that you feel comfortable with (i.e excel and word, or PPT) to
    complete the graph. Unclear handwriting will negatively influence the quality of your
    diagram. Make sure that you provide sufficient notes for the diagram.

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