Answer any three questions.
Answer all parts
Consider a standard Heckscher-Ohlin model (two countries, A, B; two factors K and L; ) with constant
returns to scale technology. Assume there are two goods (M, F), both
Answer two questions. You must answer question 3 (i.e., answer #1 and #3; or #2 and #3).
Consider a two good model with production possibility frontier given by g Qc , Q f ,V 0 and
associated GNP function R pc ,
Answer Three Questions. Answer at least one question from Part I and at least one question from
Part II. Answer All Parts to Each Question.
1. Answer all parts
a) Consider the specific factor model with two good