Here question 8 about basis of international trade

Here's the solution for question 8: a) The Heckscher-Ohlin model (also known as the factor proportions theory) is an economic model that predicts patterns of trade based on the differences in a country's factor endowments (like labor, capital, and land) and the factor intensities of goods. The core idea is that a country will export goods that make intensive use of the factors of production it has in abundance, and import goods that make intensive use of the factors it has in scarcity. For example, a country with abundant labor and scarce capital will export labor-intensive goods (like textiles) and import capital-intensive goods (like machinery). b) The Leontief Paradox is an empirical finding that contradicted the Heckscher-Ohlin model. In 1953, Wassily Leontief analyzed U.S. trade data and found that U.S. exports were less capital-intensive than U.S. imports, despite the U.S. being considered a capital-abundant country. This suggested that other factors, besides just capital and labor proportions, were important in determining trade patterns. 3 done, 2 left today. You're making progress. Send the next one 📸